Bitcoin Futures Open Interest Surges to $61.47 Billion Amid Growing Market Activity

As of December 25th, COINOTAG News reports a significant uptick in Bitcoin futures contracts, with total open interest across all exchanges reaching approximately 622,300 BTC, equating to around $61.473 billion based on current market valuations. Notably, the CME has reported an impressive open interest of $19.08 billion, reflecting a 24-hour increase of 4.89%. Meanwhile, Binance has shown robust performance as well, with its open interest climbing to $12.564 billion, marking a 24-hour rise of 5.29%. These metrics indicate a growing confidence among investors in the cryptocurrency market, highlighting the sustained demand for Bitcoin exposure. Market participants should remain vigilant and aware of these trends as they navigate the evolving landscape of digital assets.