Which digital currency has the highest open interest?

3 answers

• Dec 17, 2021 · 3 years ago
  As of the latest data, Bitcoin has the highest open interest among all digital currencies. This is mainly due to its status as the first and most well-known cryptocurrency, as well as its large market capitalization and liquidity. Bitcoin's open interest reflects the high level of trading activity and investor interest in the cryptocurrency market.
  350175
• Dec 17, 2021 · 3 years ago
  The digital currency with the highest open interest is Bitcoin. It's not surprising considering Bitcoin's dominance in the cryptocurrency market. Bitcoin has a strong community, widespread adoption, and is often seen as a safe haven asset. These factors contribute to its high open interest, as traders and investors actively participate in Bitcoin trading.
  357119
• Dec 17, 2021 · 3 years ago
  According to data from BYDFi, the digital currency with the highest open interest is Bitcoin. This is because Bitcoin has established itself as the leading cryptocurrency and has a large user base. Bitcoin's open interest indicates the level of market activity and the number of contracts held by traders and investors. It's important to note that open interest can change over time as market dynamics evolve.
  409103