Bitcoin futures open interest market share dropped to 38%, the lowest level in the past two years
According to Coinalyze statistics, the market share of open positions in Bitcoin futures has dropped from 50% to 38% in the past two months, the lowest level in nearly two years. Coinalyze said: "It seems that 'all' funds are now entering altcoins, which explains why BTC's dominance in open positions in futures has declined." Data shows that risk appetite in the crypto market has increased, which is a common occurrence after a significant increase in Bitcoin. (CoinDesk)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Polymarket sets 56% odds on Trump ending capital gains tax
OP_RETURN data limit faces debate over removal of 80-byte cap
Inflation in April rose less than expected, but tariff impact remains to be seen
Higher inflation historically lags behind tariff implementation, so don’t celebrate just yet
Sen. Lummis leads Republican petition to lift tax burden on US digital asset companies
Share link:In this post: Senator Lummis and Republican lawmakers have petitioned the US Treasury to exclude unrealized digital asset gains from the Corporate Alternative Maximum Tax (CAMT). A recent accounting rule now requires digital assets to be reported at fair market value. Lawmakers are urging swift action to prevent forced asset sales.
Trending news
MoreCrypto prices
More
