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