Bitcoin Derivatives Tighten as Options Open Interest Builds Around Crucial Price Levels

TL;DR:

Bitcoin hovered between $94,869 and $95,115 per coin at 9 a. m.

Key Points:

Background:

Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.

Why It Matters:

This development could influence BTC price action and market sentiment in the near term.