Bitcoin Open Interest Falls To $37 Billion—Does This Spell Trouble For BTC?

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Bitcoin Open Interest Falls To $37 Billion—Does This Spell Trouble For BTC? - NewsBTC

Quick Summary:

Bitcoin is trading between $83k and $86k, down more than 22% from its peak, at the time of writing. Bitcoin Open Interest And Its Possible Impact On Price Investors and holders use the open interest metric to assess the sentiment and potential market performance of the asset.

This decline mirrors the contraction seen in on-chain liquidity, pointing to broader risk-off behavior.pic.twitter.com/XPbXiHXlRS — glassnode (@glassnode) March 20, 2025 In Glassnode’s analysis, the drop in Bitcoin’s OI reflects a broader trend of decreasing on-chain activities and liquidities, where investors have less confidence in the asset.

Open interest in Bitcoin trading is a crucial metric to assess the market’s current sentiment on the digital asset, including potential price movements.