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Altcoin Open Interest Surpasses Bitcoin But Altseason Remains Unconfirmed

1h ago•
Cointribune
bullish:

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bearish:

0

In a huge industrial financial room, an enormous mechanical lever lifts a platform loaded with Bitcoin, Ethereum, and several crypto tokens. The platform continues to rise toward an orange light, representing the rally. But the lever is now under immense pressure: its metal is starting to bend and crack. In the foreground, an euphoric trader suddenly grows anxious as he notices the crack right beneath his hand.

On September 6, the open interest of altcoins surpassed that of bitcoin. This is a first since December 2024. Such a shift confirms the rise of leverage on Zcash, XRP, and Solana. However, this is not enough to announce an altseason.

L’article Altcoin Open Interest Surpasses Bitcoin But Altseason Remains Unconfirmed est apparu en premier sur Cointribune.

1h ago•
Cointribune
bullish:

0

bearish:

0

BitcoinBitcoin
-1.45%
$78,206.76
XRPXRP
-1.76%
$1.386
SolanaSolana
-1.78%
$102.62
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