{"id":46516,"date":"2025-05-23T12:15:23","date_gmt":"2025-05-23T12:15:23","guid":{"rendered":"https:\/\/crypto-globe.com\/?p=46516"},"modified":"2025-05-23T12:19:47","modified_gmt":"2025-05-23T12:19:47","slug":"bitcoin-is-heading-for-new-price-highs-open-interest-reaches-record-levels","status":"publish","type":"post","link":"https:\/\/crypto-globe.com\/en\/bitcoin-is-heading-for-new-price-highs-open-interest-reaches-record-levels\/","title":{"rendered":"Bitcoin is heading for new price highs! Open interest reaches record levels"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Growing interest in Bitcoin among institutional investors, combined with increasing uncertainty about US fiscal policy, is pushing the world&#8217;s largest cryptocurrency to new historic highs. Open interest (the volume of open positions) in Bitcoin futures is reaching record levels<\/strong>. I<strong>ndicating a massive influx of capital and greater use of leverage. This trend increases the likelihood of a sharp upward price movement, especially if short (bearish) positions are liquidated.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Open interest is growing, bears are under pressure<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The volume of open positions (open interest) on Bitcoin futures has reached a record $72 billion. This indicates growing use of leverage, primarily by institutional investors. <strong>The largest portion of these futures are traded on the Chicago Mercantile Exchange (CME), followed by Binance.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to <a href=\"https:\/\/www.coinglass.com\/\">CoinGlass<\/a>, bearish positions worth USD 1.2 billion are concentrated in the USD 107,000 to USD 108,000 range and are at risk of liquidation. <a href=\"https:\/\/crypto-globe.com\/en\/bullish-sentiment-returns-bitcoin-prepares-for-usd-100000\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Bitcoin<\/a> has already surpassed its all-time high of USD 109,000 and is currently trading at USD 110,000.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Macroeconomic tensions support BTC growth<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Uncertainty surrounding US fiscal policy and the approaching 5% threshold for 20-year government bond yields are increasing pressure on the <a href=\"https:\/\/trader-magazine.com\/news\/us-stocks-closed-mixed-after-fed-chiefs-speech-dollar-rose\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Federal Reserve<\/a> <a href=\"https:\/\/trader-magazine.com\/news\/us-stocks-closed-mixed-after-fed-chiefs-speech-dollar-rose\/\" target=\"_blank\" rel=\"noopener\" title=\"\">System<\/a>. The expected intervention by the central bank could weaken the dollar, increasing the attractiveness of Bitcoin as an alternative asset.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While <a href=\"https:\/\/crypto-globe.com\/en\/bitcoin-loses-safe-haven-status\/\" target=\"_blank\" rel=\"noopener\" title=\"\">gold<\/a> has appreciated by 24% this year, its high market capitalization limits further growth. In contrast, bitcoin, with a value of USD 2.1 trillion, still has room for expansion. Some US regions are considering moving part of their gold reserves to BTC, which could significantly increase its price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Growing interest in Bitcoin among institutional investors, combined with increasing uncertainty about US fiscal policy, is pushing the world&#8217;s largest cryptocurrency to new historic highs. Open interest (the volume of open positions) in Bitcoin futures is reaching record levels. Indicating a massive influx of capital and greater use of leverage. This trend increases the likelihood [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":46509,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[162],"tags":[99,93],"class_list":["post-46516","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","tag-bitcoin-en","tag-cryptocurrencies"],"aioseo_notices":[],"yasr_visitor_votes":{"stars_attributes":{"read_only":false,"span_bottom":false},"number_of_votes":0,"sum_votes":0},"aioseo_meta":{"seo_title":"Bitcoin is heading for new price highs! #separator_sa #site_title","meta_description":"Growing institutional interest and concerns about US fiscal debt are driving Bitcoin to new highs. Open interest on futures markets is reaching record levels.","focus_keyword":""},"_links":{"self":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts\/46516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/comments?post=46516"}],"version-history":[{"count":1,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts\/46516\/revisions"}],"predecessor-version":[{"id":46517,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts\/46516\/revisions\/46517"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/media\/46509"}],"wp:attachment":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/media?parent=46516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/categories?post=46516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/tags?post=46516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}