Bitcoin Open Interest Surges as Traders Anticipate FOMC Meeting Impact

Tuesday, 11 June 2024, 14:29

Bitcoin's open interest has reached an unprecedented level as traders gear up for the upcoming FOMC meeting. The surge in speculation and volatility surrounding Bitcoin (BTC) has led to historical highs in the derivatives market, signaling a turbulent week ahead for the cryptocurrency.
https://store.livarava.com/3e452f95-27ff-11ef-a413-9d5fa15a64d8.jpg
Bitcoin Open Interest Surges as Traders Anticipate FOMC Meeting Impact

Bitcoin Open Interest Surges

Volatility and speculation for Bitcoin (BTC) are surging, and derivatives market open interest returns to historical highs in a volatile week.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe