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Crypto

Bitcoin Treads Water Near $86,000 Amid Cautious Derivatives Positioning

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BTC
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Bitcoin traded near $86,000 on September 23 after rising earlier in the week, as declining trading and futures volumes coincided with more cautious derivatives positioning.

The price of BTC gained 1.3% to about $86,379, while its 24-hour trading volume fell 36% to $38 billion.

Crypto futures volume dropped 21% over 24 hours to $227 billion, and total open interest increased 1% to $159.4 billion.

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