Coinmonks
Published in

Coinmonks

Why Has Open Interest in Bitcoin Futures Stagnated? Factors

Source photo Unsplash.com

Bitcoin has been trending upward over the previous several days as it reaches the mid-point of its current range. Although the benchmark cryptocurrency has seen some reprieve in recent days, it is doubtful that it can entirely recapture its prior positive momentum.

At the time of writing, Bitcoin is trading at $42,500, up 4% in the past day and 12% in the last…

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store