Why did bitcoin's open interest rise 2.13% in the last 24 hours?
Can you elaborate on the factors that contributed to the 2.13% increase in Bitcoin's open interest over the past 24 hours? What market trends or specific events might have sparked this rise? Did an influx of new investors enter the market, or did existing traders increase their positions? Are there any technical indicators or patterns that support this rise, and what might they suggest for the future? Understanding the reasons behind this movement could provide valuable insights for crypto traders and investors alike.