BREAKING
69d 12h ago

Bitcoin Surges Above $90K as Perpetual Open Interest Reaches 310k BTC and Funding Rate Climbs to 0.09%

BTC

BTC/USDT

$65,707.93
+0.32%
24h Volume

$23,298,561,101.23

24h H/L

$66,025.52 / $63,030.00

Change: $2,995.52 (4.75%)

Long/Short
70.9%
Long: 70.9%Short: 29.1%
Funding Rate

-0.0012%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$65,274.58

-0.91%

Volume (24h): -

Resistance Levels
Resistance 3$70,602.61
Resistance 2$68,166.32
Resistance 1$65,872.10
Price$65,274.58
Support 1$64,283.09
Support 2$62,510.28
Support 3$60,000.00
Pivot (PP):$64,776.70
Trend:Downtrend
RSI (14):37.3

As Bitcoin reclaimed the $90,000 level, Glassnode data show a renewed lift in open interest across perpetual futures, rising from 304,000 BTC to 310,000 BTC — roughly a 2% increase. The move signals renewed demand for long exposure within the derivatives market as traders position for potential year-end price action.

Concurrently, the funding rate advanced from 0.04% to 0.09%, aligning with a higher leverage environment. The combination indicates that leveraged long positions are building again, with perpetual-contract traders preparing for potential volatility as year-end liquidity dynamics unfold.

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