Bitcoin ETF buzz sends BTC price back to $45K as open interest mounts

BTC price volatility is giving traders cause to be cautious as the Bitcoin ETF endgame nears.

Bitcoin (BTC) revisited $45,000 around the Jan. 8 Wall Street open as exchange-traded fund (ETF) buzz injected fresh volatility.

Data from Cointelegraph Markets Pro and TradingView tracked close to 3% daily BTC price gains.

The largest cryptocurrency saw renewed buying as traders upped open interest in what one appraisal called “speculation.”

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Source: https://cointelegraph.com/news/bitcoin-etf-buzz-btc-price-back-45k-open-interest