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2024-05-10 13:28:02

Bitcoin Open Interest and Derivative Market Remains Indecisive

The post Bitcoin Open Interest and Derivative Market Remains Indecisive appeared first on Coinpedia Fintech News Bitcoin is currently trading at $62,925, experiencing an intraday drop of 0.23%. The open interest is at $14.859 billion with the Taker Buy Ratio balanced at 0.49, suggesting equal footing between buying and selling pressures. Additionally, the shift in the funding rate from 0.0055 to -0.0004012 indicates a reduction in leverage use, reflecting traders’ caution …

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