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🚀 Bitcoin Futures Open Interest Explodes 10% as BTC Charges Toward $110K

🚀 Bitcoin Futures Open Interest Explodes 10% as BTC Charges Toward $110K

Author:
Coindesk
Published:
2025-07-02 17:04:18
6
2

Bitcoin Futures Open Interest Surges Nearly 10% as BTC Eyes $110K

Futures traders are piling into Bitcoin like Wall Street into a tax loophole.

Leverage goes brrr: Open interest spikes nearly 10% as derivatives markets bet big on BTC's next leg up. The $110K psychological barrier now looks like tissue paper.

Greed or genius? While retail FOMO meets institutional hedging strategies, one thing's clear - someone's about to get rekt (probably the guys still shorting at these levels).

Meanwhile in traditional finance: Goldman analysts downgrade BTC to 'sell' while quietly allocating 3% of their pension fund to Grayscale.

|Square

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