Bitcoin’s move to a two-month high is starting to shift sentiment across crypto derivatives markets, says report. The latest Bybit x Block Scholes Crypto Derivatives Analytics report showed that Bitcoin’s breakout has coincided with rising open interest in perpetual futures and firmer funding rates across several major digital assets, pointing to early signs of renewed risk appetite among derivatives traders. Open interest in perpetual futures increased as Bitcoin pushed into the upper US$90,000 range.
Bitcoin’s move to a two-month high is shifting sentiment in crypto derivatives markets, according to the Bybit x Block Scholes Crypto Derivatives Analytics report. The study notes the breakout has coincided with higher open interest in perpetual futures and firmer funding rates across several major assets, signaling early signs of renewed risk appetite among derivatives traders. Open interest in perpetual futures increased as Bitcoin pushed into the upper US$90,000 range.
Open interest in perpetual futures rose as Bitcoin reached the upper US$90,000 zone, underscoring growing demand in the derivatives arena and potential price discovery activity. If this momentum persists and funding rates stay elevated, risk appetite could remain supported across major digital assets. Market participants will keep a close watch on open interest and funding dynamics for signs of sustained demand.
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