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Record $7.4B Bitcoin futures open interest shows pros still expect $20K BTC

As depicted above, there has been a 110% increase over the past six months, and it is also worth noting that the Chicago Mercantile Exchange now holds over $1.1 billion of these contracts. This data is indisputable evidence of the growing institutional participation in BTC markets.

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Source: Cryptocurrency - investing.com

Cointelegraph Consulting: Overwhelming bullish sentiment once again proves costly

Black Friday online shopping on track to hit record as holiday shoppers skip stores, Adobe says