The post Binance Futures See $500M Surge in Open Interest Post-Inflation Data appeared on BitcoinEthereumNews.com.

The release of U.S. inflation data for 2025 triggered a big reaction in the cryptocurrency market, backing up a more favourable macroeconomic outlook. Core inflation, meanwhile, fell short of estimates both monthly and year-over-year. The deviation had a bullish catalyst effect on cryptocurrencies, consequently driving market activity higher. Within two hours of the inflation report’s release on January 15, Binance’s futures market recorded a substantial increase in Open Interest (OI). The OI on Binance spiked by 3.30%, adding nearly $500 million and bringing the total to $10.96 billion. This sharp rise reflected growing investor confidence and highlighted the market’s immediate response to the inflation data. Core inflation came in lower than expected, which is good news for the Federal Reserve. – Advertisement – The FED was concerned that it was in no hurry to raise interest rates for an extended period. These conditions create a suitable environment for Bitcoin and other cryptocurrencies. The Binance OI spiked by 3.30%, adding an extra $500 million to reach $10.96 billion overall. Participants spiked by 30% on last week’s news that the SEC had ceased handling a new Bitcoin ETF, driving Binance’s OI, adding almost $500 million overall for the day to $10.96 billion. The sharp rise was due to growing investor confidence and underlined the market’s immediate response to the inflation data. Binance Open Interest Chart | Source: CryptoQuant The chart data also reflects this motion, where Bitcoin’s price and futures market activity move in synch. In the past, future market participation has been essential in maintaining bullish trends, and the rise in Binance OI brought that value to the present. A rising OI in a rallying market typically means fresh money coming into the space with strong trader and institutional convictions. Binance Open Interest, Technical Indicators and Future Projections Looking from a…

---

Filed under: News - @ January 17, 2025 7:26 pm