XRP trades at $1.06, down 2.9% in 24 hours, with high derivatives open interest ($2.43B) outpacing spot volume ($361M), making the market fragile. Bitcoin's direction post-Fed meeting will heavily influence XRP's outcome, with key support at $1.05 and $1.00.
XRP's open interest has surpassed $2.4 billion, increasing by $125 million in a week as traders boost derivatives exposure. The token trades near $1.13, requiring a daily close above $1.18 to confirm a stronger price expansion towards $1.26, with derivatives poised to amplify future moves.
Cryptocurrency markets began Q3 2026 with reduced leverage and thinner liquidity following a wave of liquidations in Q2. Bitcoin and Ether long liquidations reached $8.35 billion, coinciding with ETF outflows and decreased buying demand.
Hyperliquid's perpetual futures open interest exceeds $10 billion, driven by crypto assets and expansion into equities, commodities, and synthetic pre-IPO trading via HIP-3, drawing attention from traditional financial firms.
Hyperliquid's HYPE token has defied the crypto bear market, with open interest reaching $3 billion and a 32% weekly growth. The token rallied 44% in five days, hitting an all-time high near $77. The exchange's innovation in TradFi perpetuals, including SpaceX pre-IPO trading, is driving demand and institutional interest.
Ether's futures market open interest has dropped significantly, with Gate.io seeing a 45% decrease. Simultaneously, nearly 480,000 ETH have left major exchanges, reducing available supply and shifting focus to the critical $1,500 support level.
Ether (ETH) faces pressure below $2,150, with increasing open interest suggesting new short positions. A successful defense of $2,000 could trigger a short squeeze and relief rally, while holder dynamics show declining retail participation and increasing accumulation by large whales.
Solana ETFs recorded their strongest weekly inflows since February as SOL futures open interest climbed nearly 30%, with traders watching for a possible move to $120.
Solana ETFs recorded their strongest weekly inflow since February as SOL futures open interest climbed nearly 30%. Is SOL bracing for a rally to $120?
Short liquidations and rising open interest may be signs of the bulls’ plan to push the Bitcoin price closer to $90,000.
Kaiko said open interest, funding rates and wallet activity showed repeated pre-announcement positioning before several Robinhood token listings.
Bitcoin chases $80,000 as rising spot volumes and futures open interest suggest the market has shifted back in the bulls’ favor.
Bitcoin faces $8.07 billion options expiry on Deribit April 24 with bullish call skew but max pain near $71,500-$72,000, creating structural tension. The expiry occurs three days before the Fed's April 28-29 meeting and four days before Q1 GDP and PCE inflation data, amid oil-driven inflation concerns from the Strait of Hormuz closure. Fed officials have warned elevated rates may persist longer than markets expected.
SOL’s steady recovery alongside the wider crypto market has traders debating whether $100 could be the next stop for the altcoin.
