BTC price hits $27.4K as Bitcoin open interest matches Grayscale peak

Bitcoin (BTC) hit new month-to-date highs on Sept. 18 as a strong weekly close cemented a bullish start to Wall Street trading. 

BTC/USD 1-day chart. Source: TradingView

Trader cautions on surging Bitcoin open interest

Data from Cointelegraph Markets Pro and TradingView tracked over 3% BTC price gains on the day, with Bitcoin breaking $27,000 for the first time in September.

With the Wall Street open around the corner, market participants eyed “momentum” returning among Bitcoin…

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