A new report from Bitcoin fintech company River forecasts that 10% of U.S.-based companies will convert 1.5% of their treasury reserves, approximately $10.35 billion, into Bitcoin within the next 18 months 🪙
Bitcoin contract holdings across the network fell to US$28.396 billion, a 6% drop in the past week
According to Coinglass data, the current Bitcoin contract holdings on the entire network have dropped to 28.396 billion US dollars, a decrease of 6% in the past week. Ethereum contract open interest fell to $10.346 billion, a decrease of less than 2%.nv
🟢 Green vertical lines: days where the bitcoin price has only ever gone up since then 🔴 Red vertical lines: days where the price has only ever gone down since then