Bitcoin traded around $69,800 as open interest rose to $102 billion, suggesting defensive, bearish bets while altcoins outperformed in a risk-off macro backdrop.
Bitcoin steady near $70,000 as rising open interest hints at cautious, bearish positioning
Bitcoin traded around $69,800 as open interest rose to $102 billion, suggesting defensive, bearish bets while altcoins outperformed in a risk-off macro backdrop.
Shares:
Network activity has risen, driven by speculation around AI tokens, with active addresses increasing from 14.7 million to 18.9 million in a week.
Trading volumes jumped 38% above monthly averages as institutional players repositioned ahead of a scheduled token unlock.
Not Just Gold: Silver, Platinum and Other Precious Metals Are All Stealing Bitcoin’s Thunder in 2025
Silver, platinum, and palladium have also outperformed bitcoin this year, alongside gold.
SOL fell below $144 despite bullish institutional headlines, as Sol Strategies filed to list on Nasdaq while holding over $61 million worth of SOL tokens.