Record $39.4B Bitcoin open interest suggests imminent price breakout
Open interest is often used to gauge the interest and liquidity behind an asset. In Bitcoin’s case, the surge in open interest could signal an imminent breakout.
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$1 trillion is a conservative market cap for Bitcoin, said investment CIO
He believes it could happen if mainstream companies put a mere 1% of their holdings into the market. 4210 Total views 23 Total shares Bitcoin (BTC) has recently seen ample interest from a number of mainstream companies and persons, such as billionaire hedge funder Paul Tudor Jones. This could be the beginning of a new wave…
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