Bitcoin ETF | CrTread

Bitcoin Futures Open Interest Takes a Hit – Down 35% in 2 Months (Glassnode)

crtread3 hours ago05 mins

Since bitcoin (BTC) hit its all-time high (ATH) of $109,000 in mid-January, the leading cryptocurrency has plummeted by roughly 30%. This decline has extended beyond the asset’s price to the network’s open interest. According to data analyzed by the market intelligence platform Glassnode, Bitcoin Futures open interest is seeing a significant decline in speculation and…

Bitcoin’s Hot Supply Drops 50% in 3 Months – Bullish or Bearish Signal?

crtread20 hours ago05 mins

The cryptocurrency market is still bleeding, but there may be signs that bitcoin (BTC) could likely be recovering soon. One of them is the asset’s hot supply, which refers to the amount of BTC that is available for trading. According to a tweet from the on-chain intelligence platform Glassnode, Bitcoin’s Hot Supply, a metric that…