Bitcoin hits $72k as open interest peaks

Bitcoin has just shattered expectations, soaring past the $72,000 mark, a feat that underscores the growing institutional interest in cryptocurrency and particularly, in spot Bitcoin ETFs. However, beneath this surface of triumph, the derivatives market hints at a brewing storm of volatility, with open interest in Bitcoin futures and options reaching staggering new heights. From an all-time high in futures open interest to the bullish dominance in the options market, the indicators are clear: traders are betting big. But as open interest swells and the derivatives market heats up, the real question emerges — are we looking at a market primed for continued growth, or is it teetering on the edge of overextension?

热点：Bitcoin AS OPEN