Bitcoin Briefly Tops $72,000 as Futures Open Interest Climbs to $107.6B

Bitcoin rose about 2% during Friday's European session, moving above $72,000 and outperforming other risk assets even as the U.S. Dollar Index climbed past 100 and Nasdaq 100 and S&P 500 futures dipped, Coindesk reports. Total crypto futures open interest increased roughly 5% in the past 24 hours to $107.6 billion, with Bitcoin OI reaching 687,200 BTC—its highest since late February—and Ethereum OI rising to 13.72 million. Coindesk reported that if Bitcoin breaks above $74,000 on strong volume, prices could extend toward $80,000, while failure to clear that level may see trading remain within the range set since early February. TRUMP jumped more than 30% in 24 hours after unveiling a dinner for its top 297 holders with Trump, while AI-related tokens Bittensor and FET each advanced around 14%.