{"id":1345,"date":"2024-02-26T21:54:06","date_gmt":"2024-02-26T18:54:06","guid":{"rendered":"https:\/\/coinmarketrate.com\/blog\/?p=1345"},"modified":"2024-02-26T21:54:06","modified_gmt":"2024-02-26T18:54:06","slug":"bitcoin-price-rejects-at-53k-as-futures-open-interest-hits-a-2-year-high","status":"publish","type":"post","link":"https:\/\/coinmarketrate.com\/blog\/bitcoin-price-rejects-at-53k-as-futures-open-interest-hits-a-2-year-high\/","title":{"rendered":"Bitcoin price rejects at $53K as futures open interest hits a 2-year high"},"content":{"rendered":"

Bitcoin price rallied to a new 2024 high at $53,019 on Feb. 20, before abruptly selling off to $50,000 on some exchanges. Traders are citing consistent spot BTC ETF inflows and the upcoming supply halving event as major factors behind the price move, and at the time of publishing, BTC price trades above $52,100.<\/p>\n

 <\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin price rallied to a new 2024 high at $53,019 on Feb. 20, before abruptly selling off to $50,000 on some exchanges. Traders are citing consistent spot BTC ETF inflows and the upcoming supply halving event as major factors behind the price move, and at the time of publishing, BTC price trades above $52,100.  <\/p>\n","protected":false},"author":1,"featured_media":1346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-1345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"yoast_head":"\nBitcoin price rejects at $53K as futures open interest hits a 2-year high<\/title>\n<meta name=\"description\" content=\"Bitcoin ETF: $50,000 Milestone How Do Spot Bitcoin ETFs Work? Choosing a Bitcoin ETF The Hype Returns, Buyer Beware Matt Levine: The Crypto Story. Back. Forward. Crypto. 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