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 rally of the market leader, bitcoin, stalls at $78,134.41. The futures market reflects this trend, with open interest in DOGE futures reaching 15.36 billion tokens, the highest level this year, according to Coinglass. This surge in open interest suggests that traders are increasingly seeking leveraged directio…
April 30, 2026, 7:50 a.m.