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What Is Open Interest and How Does It Affect Bitcoin Price? 📈

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How does open interest affect Bitcoin price?

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bitcoin
Bitcoin (BTC) $ 98,711.45
ethereum
Ethereum (ETH) $ 1,896.30
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.18
bnb
BNB (BNB) $ 609.69
solana
Solana (SOL) $ 150.19
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.180055
cardano
Cardano (ADA) $ 0.700033
tron
TRON (TRX) $ 0.250117
bitcoin
Bitcoin (BTC) $ 98,711.45
ethereum
Ethereum (ETH) $ 1,896.30
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.18
bnb
BNB (BNB) $ 609.69
solana
Solana (SOL) $ 150.19
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.180055
cardano
Cardano (ADA) $ 0.700033
tron
TRON (TRX) $ 0.250117