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CoinGape 2024-03-02 06:17:56

Bitcoin’s Price Surge Drives Futures Open Interest to All-Time High

The open interest for Bitcoin futures on centralized exchanges has soared to an all-time high. This unprecedented increase comes after a notable rally in Bitcoin’s price, reflecting the heightened trading fervor surrounding the digital currency. Data sourced from Coinglass reveals that the aggregated open interest for Bitcoin futures has eclipsed $26 billion, surpassing the previous The post Bitcoin’s Price Surge Drives Futures Open Interest to All-Time High appeared first on CoinGape .

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