Bitcoin open interest marks 4-month low as volatility persists
Crypto market volatility discouraged digital asset speculation, flushing out Bitcoin leveraged positions despite the March 4 recovery bounce. Bitcoin (BTC) open interest backpedaled to $49 billion, or 558,914 BTC across exchanges, reaching a four-month low and revisiting levels last seen in October 2024, per CoinGlass data. Open interest measures the sum of outstanding futures or