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)$97,859.004.73%
Ethereum(ETH)$3,307.327.14%
Tether(USDT)$1.00-0.07%
Solana(SOL)$244.623.13%
BNB(BNB)$619.981.65%
XRP(XRP)$1.12-0.13%
Dogecoin(DOGE)$0.3892931.38%
USDC(USDC)$1.00-0.02%
Lido Staked Ether(STETH)$3,303.787.00%
Cardano(ADA)$0.80-2.29%