Bitcoin's open interest hits new record high in 2023

postedΒ  20 Mar 2023
Photo - Bitcoin's open interest hits new record high in 2023
The open interest in bitcoin futures reached an annual high of $12 billion.

This indicates a notable increase in liquidity, which is a vital factor for the markets.

Also, trading volumes on decentralized exchanges hit all-time highs over the past 16 months.