Mars Finance News: According to Forbes, as market sentiment strengthens, Bitcoin's price is trending upward, and its open interest has also reached a historic high. Amberdata's Derivatives Director Greg Magadini stated that the total nominal interest rate for Bitcoin-related futures has climbed to an all-time high, indicating strong market confidence in Bitcoin. Additionally, the futures contract open interest across the entire cryptocurrency market has set a new record. Analyst Paul Howard believes that Bitcoin's volatility may rise with option expiration, and current options market data shows a large volume of call option open interest, reflecting a generally bullish sentiment.
Analyst: Bitcoin open interest hits new high, bullish sentiment surges
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