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Bitcoin Price Climbs Above $85,000 As Open Interest Surges 16% In Past Day

  • The Bitcoin price has surged above $85,000, reclaiming the level after Trump's trade tariff exemption.
  • Bitcoin's open interest has seen a 15.8% surge in the past 24 hours on Binance, reaching $8.8 billion.
  • This increase in open interest suggests a build-up of leverage positions, leading to heightened activity and volatility.
  • Bitcoin currently stands at around $85,240, reflecting a 2.5% increase in the past 24 hours.

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