Data shows Bitcoin price drops days after open interest in BTC futures hits $ 1 billion – Cointelegraph

Data shows Bitcoin price drops days after open interest in BTC futures hits $ 1 billion – Cointelegraph

There was a time when the BitMEX derivatives exchange ruled sovereign over other exchanges, and the company effectively held a 50% market share until July 2019. For this reason, traders kept a close eye on every connected indicator. to BitMEX, including its funding rate, open interest, and base. Open interest measures the total number of […]

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