Bitcoin Open Interest Reverts to Pre-Election Norms as Prices Stabilize

Bitcoin (BTC) jumped past $80,000 around Friday’s Wall Street open as fuel-crisis woes spread through global markets.Key points:Bitcoin gained 6% on Friday as concerns about oil supply saw...

Key TakeawaysEvernorth agreed to issue $30 million of 4% convertible notes due 2031.Proceeds would support XRP purchases and other ecosystem activities.Funding depends on the Armada merger closing in...

JPMorgan analysts say Bitcoin could see stronger price support than gold if ETF hedging eases, as short interest in BlackRock’s IBIT reaches its highest level of 2026....

James Check, founder and lead analyst at Checkonchain, said Bitcoin may have already established its cycle bottom after undergoing two capitulation events, arguing that shifts in holder behavior...

Key TakeawaysCoinshares sees a sustained bitcoin move above $80,000 as unlikely.The Fed raised rates as policymakers kept a restrictive outlook.The CLARITY Act setback adds uncertainty, particularly for altcoins....