Update
Crypto Sentiment and Open Interest
Crypto markets show weak investor sentiment and rising derivatives activity, with open interest reaching levels observed only four times over the past 12 months. This has drawn attention to previous market reversals. Investors are considering a new space in the crypto sector: XRP, Hyperliquid, Zcash, Sui, and Stellar. XRP is linked to cross-border payments and financial settlement infrastructure, while Hyperliquid is part of the decentralized trading industry offering leveraged crypto positions.