Coinspeaker
Bitcoin Open Interest Jumps 9% as Tariff Concerns Thin Out
Current market data shows a rally in the price of Bitcoin (BTC), driven by growing optimism surrounding a potential U.S.-China trade agreement. This sentiment was further supported by a softening stance from the Trump administration on tariffs.
With the price increase, open interest in Bitcoin perpetual futures rose by 9%, indicating strong investor confidence in the broader digital asset market.
Bitcoin Futures Activity Spikes New Anticipation
According to data from Coinglass, total open interest in Bitcoin futures across major exchanges rose to 715,710 BTC, valued at $66.98 billion. This marked an 8.54% increase, while notional open interest in BTC perpetual futures climbed 10% to $17.83 billion. This was the largest single-day jump since March 2.
CME held the largest share, with 144,950 BTC, worth $13.55 billion. Binance followed with 119,480 BTC, worth $11.18 billion, and OKX held 44,530 BTC, totali
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