Analyst: Bitcoin open interest hits a record high, market bullish sentiment surges

2025-05-30 08:24:10
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ChainCatcher news, according to Forbes, as market sentiment strengthens, the price of Bitcoin is on the rise, and its open interest has also reached an all-time high. Amberdata's derivatives director Greg Magadini stated that the total notional interest rate for Bitcoin-related futures has climbed to a historic high, indicating strong market optimism for Bitcoin. Additionally, the open interest for futures contracts across the entire cryptocurrency market has also set a new record.

Analyst Paul Howard believes that Bitcoin volatility may rise with the expiration of options, and current options market data shows a large amount of open interest in call options, reflecting a general bullish sentiment.

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