Open interest climbed 7.59% to $156 billion even as positions were closed out, a sign traders are chasing the move rather than stepping back.
- Bitcoin traded at $84,984, up 4.7% since midnight UTC, extending its break above the $82,284 high of Sept. 4.
- Shorts made up $647.9 million of $746.6 million in 24-hour liquidations, including $159.9 million in the past hour alone, on Coinglass data.
- Open interest rose 7.59% to $156 billion despite the forced closures, suggesting traders are replacing positions rather than stepping back.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Cathie Wood says smart investors need to start watching where AI agents spend money
U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
Crypto job postings triple to over 1,200 in September, but applications fall
Cathie Wood says smart investors need to start watching where AI agents spend money
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