Futures Open Interest of #Bitcoin Hits 2023 Peak, While Trading Volume of #BTC Hits Yearly Low - What's Happening?
BTC futures open interest is on the rise, but Bitcoin trading volume suggests traders have shifted their attention to other markets.
Bitcoin's #traders $BTC are not at all satisfied with the recent evolution of its price, especially with the inability of its price to overcome the barrier of USD 30,500 in the last four weeks. This frustration is compounded by the fact that several Bitcoin spot ETF applications are being delayed or pending review by regulators.
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BTC futures open interest is on the rise, but Bitcoin trading volume suggests traders have shifted their attention to other markets.
Bitcoin's #traders $BTC are not at all satisfied with the recent evolution of its price, especially with the inability of its price to overcome the barrier of USD 30,500 in the last four weeks. This frustration is compounded by the fact that several Bitcoin spot ETF applications are being delayed or pending review by regulators.
CryptoCriss77$ETH $BNB
