Bitcoin open interest surges by $2.3 billion as investors increase stakes in long positions
The cryptocurrency market is witnessing a notable uptick in Bitcoin’s open interest, which has climbed by roughly $2.3 billion over the past few weeks. This surge reflects a growing appetite among traders to hold long, or bullish, positions on the world’s leading digital asset. At the same time, funding rates on perpetual futures contracts have edged upward, reinforcing the narrative that market …
Oct. 2, 2026, 9:14 a.m.