Record $39.4B Bitcoin open interest suggests imminent price breakout


$ 104,439.3
€ 90,603.1
¥ 38,800.0
£ 77,318.1
BTC
-2.83 %
$ 2,504.75
€ 2,173.40
¥ 930.86
£ 1,854.79
ETH
-4.90 %
$ 323.50
€ 280.67
¥ 120.39
£ 239.36
XMR
1.26 %
$ 84.12
€ 72.99
¥ 31.29
£ 62.25
LTC
-4.43 %

Open interest is often used to gauge the interest and liquidity behind an asset. In Bitcoin’s case, the surge in open interest could signal an imminent breakout.