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Bitcoinist
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Bitcoin Open Interest Hits New All-Time High In The Past Week, Data Shows
- The Bitcoin open interest across all exchanges reached a new all-time high of $32.9 billion in the past week.
- Rising open interest suggests increased market speculation and higher volatility.
- The surge in open interest indicates fresh capital flowing into the cryptocurrency market.
- Despite the record open interest, the price of Bitcoin has seen a decline in the past 24 hours.
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