UTC-05:00,Thursday , May 28th 2020

Open Interest For Bitcoin Futures Surpasses $5 Billion

04:23 Friday , February 14th 2020
Aggregated open interest (OI) for Bitcoin futures has surpassed $5 billion on Feb. 13, according to data compiled by The Block. Open interest refers to the value of outstanding futures contracts that have not been settled yet. An increase in open interest signals that more money is flowing into the market and that traders are anticipating a near-term rise in the underlying volatility.
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