Altcoin Trading
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Ethereum Update + Bitcoin Neutrality: What's Happening in the Crypto Market
Bitcoin
Weekly growth $BTC occurred against a generally negative news backdrop. Open interest in BTC futures continues to decline for almost two consecutive months. If on October 7 the figure was record-breaking at $94.12 billion, then on December 5 it amounted to only $59.38 billion, which is almost 37% less. However, even in November 2024, $59.38 billion in open interest would have been a historical maximum.
Weekly growth $BTC occurred against a generally negative news backdrop. Open interest in BTC futures continues to decline for almost two consecutive months. If on October 7 the figure was record-breaking at $94.12 billion, then on December 5 it amounted to only $59.38 billion, which is almost 37% less. However, even in November 2024, $59.38 billion in open interest would have been a historical maximum.
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