Bitcoin Open Interest in the futures market has slumped 35% since the asset's all-time high, as downward pressure persists. For context, Bitcoin has faced challenges reclaiming the $90,000 psychological level, remaining stuck below it for nearly two weeks. Despite reaching an all-time high (ATH) above $109,000 in January, the asset has struggled to maintain upward …
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Wells Fargo suggests that Bitcoin may soon see clearer skies, pointing to the relationship between the leading digital asset and dollar strength. 2025 has not been the year that Bitcoin and crypto proponents imagined. Instead of sustained market euphoria driven by a pro-crypto U.S. administration, prices have fallen off a cliff as uncertainty hits a …
