Trump’s Shift in Rhetoric Spurs Enthusiasm in Crypto Derivatives Market
The current rise of Bitcoin to $94,000, following conciliatory comments by U.S. President Donald Trump regarding tariffs and the head of the Fed, was accompanied by an increase in funding rates and open interest (OI) on perpetual contracts. According to Velo, the total volume of open positions soared by 10% to $17.83 billion. The pace […]