Dogecoin Surges 10%, Decoupling from Bitcoin as Open Interest Reaches Yearly High
Traders are taking bold risks, driving the price of DOGE sharply higher, despite the market leader bitcoin's rally stalling at $78,211.54. The futures market reflects this, with open interest in DOGE futures reaching 15.36 billion tokens, the highest this year, according to Coinglass. This uptick in open interest suggests that more traders are pursuing leveraged plays, signaling strong risk senti…
April 30, 2026, 7:50 a.m.