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Key takeaways:
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BTC open interest falls to $34 billion, but stable BTC-denominated volume suggests leverage demand remains unchanged.
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Weak US jobs data and Bitcoin options skew indicate a bearish shift, even as gold and stocks show relative strength.
Bitcoin (BTC) price has struggled to sustain levels above $72,000 for the past week, leading investors to question whether institutional demand has evaporated. The aggregate Bitcoin futures open interest plummeted to its lowest level since November 2024,…
