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Ethereum OI Soars As Fake ETF Approval Sends Bitcoin Futures Diving

source-logo  coingape.com 10 January 2024 15:20, UTC

A fake approval post from the SEC regarding a Spot Bitcoin ETF sent shockwaves through the crypto market, impacting both Bitcoin and Ethereum Open Interest (OI). In addition, this incident triggered a volatile day for Bitcoin prices, which in turn led to a significant drop in Bitcoin Futures Open Interest (OI).

coingape.com