By Wayne Jones Bitcoin’s slide to around $57,700 at the end of June may have completed the worst phase of its 2026 bear market, according to a new market update published by BIT on July 17. After correctly anticipating much of BTC’s decline in the last few months, the crypto investment firm now says traders […]
Tag: BIT
By Wayne Jones Bitcoin futures open interest has dropped by half, falling from $42 billion in October 2025 to $21 billion as of April 8, 2026. This is according to data supplied by analytics platform BIT, whose analysts suggested the sharp dip in leveraged positions is because the market has undergone a reset, leaving BTC […]