Rising open interest from $25 billion to nearly $30 billion indicates new leverage entering the market — a situation that could boost upside momentum over $112,000 while also increasing liquidation risks under $110,000, as noted by an analyst.
Bitcoin Dips Before Federal Reserve Week, with DOGE and ETH Experiencing the Largest Declines as Traders Anticipate 4.25% Rate Reduction
By Ethan Carter
Ethan Carter
Ethan is a seasoned cryptocurrency writer with extensive experience contributing to leading U.S.-based blockchain and fintech publications. His work blends in-depth market analysis with accessible explanations, making complex crypto topics understandable for a broad audience. Over the years, he has covered Bitcoin, Ethereum, DeFi, NFTs, and emerging blockchain trends, always with a focus on accuracy and insight. Ethan's articles have appeared on major crypto portals, where his expertise in market trends and investment strategies has earned him a loyal readership.