@gwendoline12

Crypto Derivatives Market Sees Record Open Interest Ahead of Fed Meeting Total open interest across major crypto derivatives exchanges has surged to $38 billion, the highest level since 2021. Bitcoin options with a 60,000 strike price for June expiry are seeing particularly heavy volume, indicating traders are positioning for potential volatility following the upcoming Federal Reserve interest rate decision. The put/call ratio remains balanced at 0.7, suggesting neither bulls nor bears have clear dominance in current market sentiment.