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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) $ 105,659.31
ethereum
Ethereum (ETH) $ 2,632.42
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.26
bnb
BNB (BNB) $ 669.46
solana
Solana (SOL) $ 157.03
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.196586
tron
TRON (TRX) $ 0.26889
cardano
Cardano (ADA) $ 0.697521
bitcoin
Bitcoin (BTC) $ 105,659.31
ethereum
Ethereum (ETH) $ 2,632.42
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.26
bnb
BNB (BNB) $ 669.46
solana
Solana (SOL) $ 157.03
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.196586
tron
TRON (TRX) $ 0.26889
cardano
Cardano (ADA) $ 0.697521