Bitcoin open interest hits lows not seen since 2024: Is TradFi abandoning BTC?
Bitcoin open interest falls to $34 billion as investor demand dries up and traders’ concerns shift to worrying US macroeconomic data. Is TradFi exiting BTC?
Market analysis, price movements, and trading insights
Bitcoin open interest falls to $34 billion as investor demand dries up and traders’ concerns shift to worrying US macroeconomic data. Is TradFi exiting BTC?
Bitcoin has seen record realized losses in one of the cryptocurrency’s largest-ever capitulation events as short-term holders sold at steep losses amid its decline.
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Bitcoin appears trapped within a capitulation zone where long-term holders continue to sell, and bearish onchain metrics tease further downside. Will $40,000 mark the final price bottom?
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