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Bitcoin futures open interest drops by about $1 billion in 24 hours, market shakes out leverage amid CPI volatility.

BlockBeats news, September 12, according to crypto analyst @AxelAdlerJr data, Bitcoin contract open interest decreased by 13,600 coins in 24 hours, valued at approximately $1.051 billion.


Additionally, according to HTX market data, after the CPI data was released last night, Bitcoin experienced short-term extreme volatility, hitting a low of $76,000 before reaching a high of $79,800, with most contract leverage being liquidated during this period.

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