Geopolitical cooling has led to a pullback in crude oil, with Bitget BZ contract open interest increasing by over 28% in 24 hours, ranking second across the entire network
Due to the phased cooling of the geopolitical situation in the Middle East, international crude oil prices have fallen. According to Bitget market data, Brent crude oil (BZ) is currently priced at $109 per barrel, down 2.53% for the day. The market's long and short positions are intensifying, driving up trading activity in related contract markets.
According to CoinGlass data, the current total open interest for BZ contracts across the network has reached $67.9316 million. Among centralized exchanges, Binance, Bitget, and OKX rank in the top three for open interest, with $46.9913 million, $8.3424 million, and $5.6461 million, respectively. Notably, Bitget's platform has seen a 24-hour open interest growth rate of 28.32%, leading the entire network.
Currently, the Bitget panoramic exchange (UEX) ecosystem covers diversified assets such as U.S. stocks, CFDs, and cryptocurrencies, providing users with a wide range of cross-market asset allocation channels.
You may also like
Morning News | AEON completes $8 million Pre-Seed round financing led by YZi Labs; Goldman Sachs liquidates XRP and Solana ETF holdings in Q1; Strategy increased its holdings by 24,869 BTC last week
How Much Is Blueface Worth? Latest Net Worth Revealed (2026)
Key Takeaways: Blueface’s net worth in 2026 ranges from $4 million to $7 million, reflecting both his musical…
Tokenized Gold on Solana: Bitcoin Layer 2 RWA on the Horizon?
Key Takeaways: OCBC’s GOLDX token now on Solana, backed by $525 million AUM fund. Solana surged 290% in…
Bitcoin Price Prediction: Blackrock’s Big Bitcoin Bet
Key Takeaways: BlackRock’s spot bitcoin ETF, IBIT, saw a net inflow of $871 million, leading the ETF market.…
Cardano Crypto Holds $0.24 as ADA’s Volume Jumps 48%: Recovery Ahead?
Key Takeaways: Cardano (ADA) is currently stabilizing at $0.24 with a recent +1.17% gain, though its recovery from…
Saylor Signals Massive Bitcoin Buys with Semi-Monthly Dividends Strategy
Key Takeaways: Michael Saylor indicates a forthcoming substantial Bitcoin purchase following a historical $1 billion acquisition. Proposal put…
Ethereum Price Prediction: Singapore’s Major Bank Launches Gold Token on ETH
Key Takeaways: OCBC bank has introduced GOLDX, a pioneering tokenized physical gold fund on Ethereum, revolutionizing institutional capital…
Ethereum’s Memecoin Surge: Key Insights and Price Trajectory
Key Takeaways: A single memecoin trader turned $2,500 into $500,000 with a 100,000% gain. Ethereum memecoin season could…
Spot Bitcoin ETFs Near $1 Billion in Weekly Inflows, Best Stretch Since Mid-January
Key Takeaways: Spot Bitcoin ETFs saw nearly $1 billion in weekly inflows, their best performance since mid-January. BlackRock’s…
Bitcoin Price Stuck Below $79K – Could BMIC’s Quantum-Safe Wallet Attract BTC Holders?
Key Takeaways: Bitcoin is hovering close to $72,700, trapped in the $76K–$79K resistance zone as bulls and bears…
XRP Price Prediction: Wrapped XRP Just Launched on Solana — Is This the DeFi Unlock XRP Holders Have Been Waiting For?
Key Takeaways: Wrapped XRP (wXRP) is now live on Solana, opening doors for XRP holders to explore DeFi…
Bitcoin Price Prediction: Crypto Struggles Amid Iran Conflict
Key Takeaways: Bitcoin holds steady above $70,000 despite geopolitical tensions between the US and Iran. Recent events see…
A $293 Million Hack Cuts Deep into Aave’s $8 Billion TVL: Is DeFi Staring at a Crisis?
Key Takeaways: Aave’s total value locked (TVL) plunged from $26.4 billion to $17.94 billion following a massive hack.…
EU Finance Firms Demand Urgent Blockchain Rule Changes Amidst US Progress
Key Takeaways: A coalition of 39 European financial firms, including Nasdaq, pressures the EU to expedite DLT regulatory…
2024 BTC Cycle ‘Dramatically’ Underperforming Previous Halvings
Key Takeaways: The current Bitcoin cycle shows significantly reduced volatility and upside compared to previous cycles. BTC’s growth…
European Investors Eye Bank Changes for Better Crypto Services
Key Takeaways: 35% of European investors would switch banks for improved crypto services. Regulatory uncertainty is a significant…
Saylor Signals Bigger Bitcoin Buy Amid Semi-Monthly Dividend Plan
Key Takeaways: Michael Saylor hints at a new substantial Bitcoin acquisition, following a recent $1 billion purchase. Strategy…
Strategy Acquires 34,164 Bitcoin, Holdings Surpass 800,000 BTC
Key Takeaways: Strategy, headed by Michael Saylor, purchased 34,164 BTC for $2.54 billion, bringing their total holdings to…
Morning News | AEON completes $8 million Pre-Seed round financing led by YZi Labs; Goldman Sachs liquidates XRP and Solana ETF holdings in Q1; Strategy increased its holdings by 24,869 BTC last week
How Much Is Blueface Worth? Latest Net Worth Revealed (2026)
Key Takeaways: Blueface’s net worth in 2026 ranges from $4 million to $7 million, reflecting both his musical…
Tokenized Gold on Solana: Bitcoin Layer 2 RWA on the Horizon?
Key Takeaways: OCBC’s GOLDX token now on Solana, backed by $525 million AUM fund. Solana surged 290% in…
Bitcoin Price Prediction: Blackrock’s Big Bitcoin Bet
Key Takeaways: BlackRock’s spot bitcoin ETF, IBIT, saw a net inflow of $871 million, leading the ETF market.…
Cardano Crypto Holds $0.24 as ADA’s Volume Jumps 48%: Recovery Ahead?
Key Takeaways: Cardano (ADA) is currently stabilizing at $0.24 with a recent +1.17% gain, though its recovery from…
Saylor Signals Massive Bitcoin Buys with Semi-Monthly Dividends Strategy
Key Takeaways: Michael Saylor indicates a forthcoming substantial Bitcoin purchase following a historical $1 billion acquisition. Proposal put…
