Bitcoin Market Update: Open Interest, Funding Rates, and Sentiment Analysis

Bitcoin is currently mired in a climate of “extreme fear,” according to market sentiment analysis, as open interest plummets to concerning lows. A 25% correction from its recent peak has spooked investors, leading to a notable exodus of capital and raising questions about the market’s next move. Open interest, a crucial indicator of market activity […] source: https://coinedition.com/bitcoin-market-update-open-interest-funding-rates-and-sentiment-analysis/