Bitcoin Bullish Signals! 📈
- Bitcoin’s open interest has reached an all-time high of $19.8 billion. CryptoQuant’s EgyHash noted that this indicated bullish sentiment among traders.
- Bitcoin funding rates reached their highest positive levels since August, indicating increasing liquidity and investor interest.
- Inflows into US spot Bitcoin ETFs have doubled. According to a Charles Schwab survey, 45% of ETF investors plan to invest in crypto products.
This increase in Bitcoin demand could help prices reach new highs. 🚀