The open interest for Bitcoin and Ethereum futures reached all-time highs in the past 24 hours, with Bitcoin hitting $57 billion and Ethereum reaching $20.8 billion. This surge in open interest indicates that these cryptocurrencies are more liquid and in higher demand. The increase came after Bitcoin reached a new all-time high of $99,486, bringing it closer to the $100,000 mark. The majority of Bitcoin futures open interest is held by CME, followed by Binance and Bybit. Binance also holds the majority of Ethereum open interest, followed by Bybit and CME.



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