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bitcoin open interest reaches record high as price surges past 105000

Bitcoin's open interest has surged to a record $67 billion, reflecting strong investment interest as the cryptocurrency surpasses $105,000. This rally, supported by both institutional and retail investors, may lead Bitcoin towards the $110,000-$115,000 range, while also potentially triggering altcoin interest as liquidity shifts. However, the high open interest raises concerns about possible liquidation events that could impact the broader market.
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Cardano USD John Santi Arman Shirinyan Godfrey Benjamin Charles Hoskinson Show more
Finance & Economy, Market Report
12:31 16.12.2024
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