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Bitcoin Cointelegraph

Record $39.4B Bitcoin open interest suggests imminent price breakout

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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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Record $39.4B Bitcoin open interest suggests imminent price breakout

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.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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