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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) $ 92,493.00
ethereum
Ethereum (ETH) $ 3,160.56
tether
Tether (USDT) $ 0.999432
xrp
XRP (XRP) $ 2.14
bnb
BNB (BNB) $ 897.78
solana
Solana (SOL) $ 135.67
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USDC (USDC) $ 0.999588
staked-ether
Lido Staked Ether (STETH) $ 3,160.65
tron
TRON (TRX) $ 0.294164
dogecoin
Dogecoin (DOGE) $ 0.149732