Record High Bitcoin Options Open Interest on Deribit Signals Market Surge

Wednesday, 27 March 2024, 14:27

The open interest for Bitcoin options set to expire in March on the Deribit platform has reached an all-time high. This surge in open interest may indicate increased market activity and potential price pressure upwards for Bitcoin. Traders are closely watching this development for insights into future market movements.
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Record High Bitcoin Options Open Interest on Deribit Signals Market Surge

Bitcoin Options Fervor on Deribit

This surge in BTC options open interest for March expiry on Deribit has set a new record, signaling heightened market activity.

Potential Price Impact

This surge could potentially exert upward pressure on the price of bitcoin. Traders are closely monitoring this development for trading opportunities.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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