Dogecoin Surges 10%, Decoupling from Bitcoin as Open Interest Reaches Yearly High
Traders are taking bold risks with DOGE, driving its price sharply upwards, even as the market leader bitcoin's rally stalls at $78,664.96. The futures market, where open interest in DOGE futures has reached 15.36 billion tokens, the highest this year, is a key indicator of this trend, according to Coinglass. This surge in open interest suggests that traders are increasingly seeking leveraged dir…
April 30, 2026, 7:50 a.m.