As Bitcoin breaks $23k, futures open interest increases 11% in 24 hours

 

Quick Take

Bitcoin breaks through $23,000 on the back of Bidens remarks about the US banking system.
Futures Open Interest in Bitcoin increases by 11% in 24 hours, with most open interest coming from Binance and CME exchanges.
In addition, GBTC is up over 3% today, 20% in the past month, and up 54% YTD
Futures Open Interest: (Source: Coinglass)BTCUSD: (Source: Trading View)

The post As Bitcoin breaks $23k, futures open interest increases 11% in 24 hours appeared first on CryptoSlate.

 

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