News
Bitcoin rebounds as crypto derivatives open interest declines
Bitcoin has rebounded 26% from its mid‑August low, according to the latest market data. During the same period, futures open interest fell 11%, indicating a reduction in leveraged positions. U.S. spot Bitcoin ETFs recorded $2.23 billion in new creations, showing continued inflows into regulated products. Ethereum options open interest dropped 3.48% to $5.82 billion, with a $2,250 put expiring on October 11 on Bybit leading 24‑hour volume. Bitcoin options open interest slipped to $37.17 billion, while an $83,000 call on Bybit topped daily trading volume. Current quoted prices show BTC at $82,980 and ETH at $2,502.