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Bitcoin Breaks Through $72,000 and Outperforms US Stocks, Futures Open Interest Rises to $107.6 Billion
Mars Finance News, March 13 — According to Coindesk, Bitcoin rose about 2% during European trading hours on Friday, breaking the $72,000 mark. Despite the strengthening US dollar and weakening US stock futures, it still outperformed risk assets. During the same period, Nasdaq-100 Index and S&P 500 Index futures briefly declined, while the U.S. Dollar Index broke above 100. Derivatives data show that the total open interest (OI) in the crypto futures market increased by approximately 5% over the past 24 hours to $107.6 billion, with Bitcoin OI rising to 687,200 BTC, the highest since late February; Ethereum OI increased to 13.72 million tokens, indicating continued inflows into long positions. If Bitcoin breaks above $74,000 with significant volume, the market could further test $80,000; if not, it may continue to stay within the range established since early February. In altcoins, Trump-themed Meme Coin TRUMP surged over 30% within 24 hours after announcing a dinner event with the top 297 holders of the coin. AI concept tokens Bittensor and FET both increased by about 14%.