The total Bitcoin contract holdings fell below $60 billion, down 11.89% from the peak

According to Coinglass data, the total open interest of Bitcoin contracts fell below $60 billion, now at $59.97 billion, down 4.02% in the past 24 hours. Since Trump's victory on November 5, open interest in Bitcoin futures has risen sharply, from $39 billion on November 5 to a record high of $68.1 billion on December 18, indicating increased trading activity and market speculation. Today's contract open interest fell below $60 billion, down 11.89% from the high.