Fed's dovish minutes trigger $1.3B rise in Bitcoin open interest

Visit this link to make money with our expert crypto trading team and get a chance to win free Bitcoin and other cryptocurrencies - https://telegram.me/btctradingclub

Bitcoin Open Interest has jumped by over a billion following the United States Federal Reserve ‘dovish’ minutes on Aug. 21.

Bitcoin futures traders added over a billion to Bitcoin Open Interest (OI) in the hours after the United States Federal Reserve released its July meeting minutes, which some say further confirms a September rate cut.

On Aug. 22, Bitcoin futures OI climbed to $31.92 billion, an increase of $1.26 billion compared to the previous 12 hours. 


70% Profit on #SYS/USDT for our Premium Members on Binance , ByBit , KuCoin , OKX 

We don't charge any commissions or tips. We believe in providing the highest quality signals for the trading community.

Trading on Binance Futures is very profitable, and traders worldwide know it.

Join our top Binance Futures Trading Group, like many other successful traders.

Come and join our Binance Futures Group and make profits with the Binance Futures BOT.

Comments

Post a Comment

Popular posts from this blog

Spot Bitcoin ETF Inflows Surge BTC Struggles at $65K

Visit the link and get free insights on the Crypto trading signals, profitable Alt coins and Automated Bot trading – https://telegram.me/binancefuturesignal Arbitrage trading of the spot BTC ETFs and a drop in demand for inflation hedges could be limiting Bitcoin’s price upside. Since July 5, Bitcoinhas seen net inflows of $1.91 billion in its US spot exchange-traded funds (ETFs). Despite this, its price has struggled to stay above $65,000.  Meanwhile, the S&P 500 index reached an all-time high on July 16, and gold, considered the world's largest reserve asset, traded at a historical high on July 17. This indicates that the factors hindering Bitcoin’s performance are not tied to the traditional finance markets. But what exactly is causing this underperformance? We have small as well as huge type of traders in our Binance Futures Group. It is very easy to grow your Binance Futures account by being part of our Community. Make profit on Binance Futures by using our Signals and Cor...
Read more

TradFi Takeover Fuels Bitcoin's Journey to $77,000 Bull Flag Indicator

Image
Explore the provided link to ensure a consistent profit in Binance futures trading. Receive complimentary Bitcoin trading signals and utilize the Cornix trading Bot for optimal automated trades: https://telegram.me/binancefuturesignal Visit our website - https://cryptonewstelegraph.com/crypto-news/bitcoin-btc-news/traders-forecast-bitcoins-rising-dominance-in-market/ Download our free app to receive signals directly on your mobile device: https://play.google.com/store/apps/details?id=com.signalBroadcaster.FreeBitcoinSignals Bitcoin (BTC) could surge to a new high after the cryptocurrency recently printed a fresh bull flag amid growing demand from institutional investors. Huge profits made from this call The infrastructure of the Binance Futures platform mirrors that of their spot trading exchange, Binance. Integrating our Cornix trading Bots with your Binance Futures account is a swift and straightforward process. Configuration takes only a few minutes, and importantly, you won't n...
Read more

Bitcoin Aims for $110K Next Despite Current Trends

Explore this link to achieve consistent profits in Binance futures trading. Gain access to complimentary Bitcoin trading signals and the Cornix trading Bot for optimal automated trades: https://telegram.me/freecryptosignalsdaily Download our free app to receive signals directly on your mobile device: https://play.google.com/store/apps/details?id=com.signalBroadcaster.DailyCryptoSignals The “next leg” could push Bitcoin’s price as high as $110,000 as the cycle low has kicked in, according to several crypto traders. Bitcoin could jump to $110,000 on its next major rally, despite concerns of “lower highs and lower lows” forming as a pattern on the BTC price chart, according to crypto traders. “The next leg is likely to bring Bitcoin to $110K,” founder of MN Capital Michael van de Poppe wrote in a July 17 post on X. It comes while other traders point out that Bitcoin is failing to reach previous highs, with each new high falling short of the last. The AI Bot utilizes the Trailing Stop Feat...
Read more