BTC open interest has declined to a six-month low of around $30 billion on major crypto exchanges, signaling a cooling derivatives market as traders unwind long positions following recent liquidations. This cautious sentiment reflects heightened fear, with the Bitcoin Fear and Greed Index at 19, reducing bullish conviction. BTC open interest drops sharply on exchanges […]
Source: https://en.coinotag.com/bitcoin-open-interest-slides-to-six-month-low-as-derivatives-cool