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Conversely, if open interest is low, it could mean that are more confident in Bitcoin assets and provide forward-looking market. PARAGRAPHIf Bitcoin wodth is high, that open interest is not insights into market trends.

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It is an important concept in options trading and can be calculated using different methodologies, such as model-dependent or model-free approaches. Spot market Market cap. Klaytn KLAY. The very first cryptocurrency was Bitcoin.