Back to all news

Bitcoin News

Price Chart

BTC Index

Loading...

Latest cryptocurrency news about Bitcoin (BTC)

Loading more news...

Article Details

Read Original
CryptoNews

What Comes After the Bitcoin Bloodbath? Open Interest Drops $12B as Leverage Ratio Hits Multi-Year Lows - Next Stop $130K?

The Bitcoin bloodbath has erased $12B in open interest as OI has dropped from $47B to $35B and liquidations have accelerated, yet BTC has rebounded near $115K. ELR and SSR have fallen, ETFs have seen minimal net outflows, and analysts have flagged $120K-$122K as resistance and $110K as key support.The post What Comes After the Bitcoin Bloodbath? Open Interest Drops $12B as Leverage Ratio Hits Multi-Year Lows - Next Stop $130K? appeared first on Cryptonews.