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.
Bitcoin(BTC)$69,530.000.24%
Ethereum(ETH)$2,494.29-0.92%
Tether(USDT)$1.000.00%
BNB(BNB)$569.89-0.47%
Solana(SOL)$165.35-0.78%
USDC(USDC)$1.000.01%
XRP(XRP)$0.51-1.32%
Lido Staked Ether(STETH)$2,492.27-0.93%
Dogecoin(DOGE)$0.159673-0.49%
TRON(TRX)$0.166262-0.61%