Record $39.4B Bitcoin open interest suggests imminent price breakout
July 29 2024 - 5:53AM
Cointelegraph
![](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDcvMzI2NzQ2YWQtMDdhZi00NDU4LTgyZDAtN2MzZDk3YWRjZWM0LmpwZw==.jpg)
Open interest is often used to gauge the interest and liquidity
behind an asset. In Bitcoin’s case, the surge in open interest
could signal an imminent breakout.
...
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Record $39.4B Bitcoin open interest suggests
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