Quick Facts:
1️⃣ Bitcoin open interest is closing in on the $40B mark, signaling growing bullish momentum across the crypto market.
2️⃣ Markets are pricing in a 98% chance of a Fed rate cut, a move that could further fuel demand for risk-on assets like Bitcoin.
3️⃣ As sentiment turns bullish, the best crypto to buy now are low-cap gems like $HYPER, $MAXI, and $M.
Bitcoin’s open interest, which tracks the total value of all open derivatives positions in Bitcoin futures, has historically always closely followed Bitcoin’s price – to the point that it would be fair to consider it a precursor to rising Bitcoin prices.
It’s now closing in on the $40B mark , having risen sharply from around $35.3B after the October 10 liquidation event.
This is a strong indicator that the larger market ha

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