ChainCatcher reports, according to CoinDesk, as the cryptocurrency rebound continues, the number of open contracts in the Bitcoin perpetual futures market has shown more significant growth, indicating increased investor confidence, especially after the Trump administration eased its stance on trade tariffs and anti-Federal Reserve rhetoric.
This round of rebound occurred after U.S. Treasury Secretary Scott Bessent discussed the easing of U.S.-China trade tensions, followed by President Trump's statement that he would significantly reduce tariffs on Chinese goods from the current 245% to a much lower level. Trump also stated that he does not intend to remove Federal Reserve Chairman Powell from his position.
