On November 7th, COINOTAG reported a significant surge in **Bitcoin futures** open interest, as recorded by **Coinglass**. The total open interest has reached an impressive **$45.15 billion**, marking a **24-hour increase of 10.78%**, which is the **highest level** ever seen in the market. Notably, the **CME** exchange has contributed a more conservative **5.65%** increase in this period. In comparison, major platforms like **Binance**, **Bybit**, and **Bitget** have surged by over **10%**, reflecting growing investor interest and market activity. This escalating open interest highlights a robust trend in **Bitcoin trading**, showcasing the resilience and demand for **cryptocurrencies** in today’s financial landscape. As institutions and retail investors alike engage with these derivatives, the overall sentiment in the **crypto market** continues to strengthen, offering promising avenues for speculative trading and **hedging** strategies.
