Price Prediction
Bitcoin Futures Open Interest Hits $54.78 Billion
Bitcoin's derivatives market is carrying $54.78 billion in futures open interest, with options traders stacking bullish bets around $90,000, $95,000, and $100,000. Bitcoin is trading between $79,262 to $81,939 this week. Open interest, which measures outstanding derivatives contracts, increased 1.46% over 24 hours, suggesting traders are adding exposure rather than abandoning the field. The centralized exchange Binance holds the largest share of bitcoin futures open interest, valued at $11.33 billion, or 20.68% of the total.