Bitcoin’s open interest has exceeded $18 billion, a historically significant level often preceding market corrections. Bitcoin’s price has also retreated to a low of $60,314 today. The rise in open interest, which tracks the number of outstanding derivative contracts, suggests growing speculative activity in the market. Recent charts by CryptoQuant show that open interest has The post Another Doomsday Projected for Bitcoin as Open Interest Surges Past $18B Again appeared first on Coin Edition .
