The strong benchmark interest rates and options data for Bitcoin suggest limited downside pressure despite ETF outflows, while Bitcoin is waiting for a catalyst to recover to $90,000. Open interest in BTC futures has fallen to its lowest level in 8 months.
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The strong benchmark interest rates and options data for Bitcoin suggest limited downside pressure despite ETF outflows, while Bitcoin is waiting for a catalyst to recover to $90,000. Open interest in BTC futures has fallen to its lowest level in 8 months.