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Bitcoin rebounds to $77,700 as futures open interest continues to decline

Bitcoin rebounds to $77,700 as futures open interest continues to decline

AIcoinAIcoin2026/04/29 10:51
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Bitcoin price rebounded to $77,700, regaining support at $75,600. Futures open interest continues to decline, indicating increased risk-off activity, while demand for downside protection in the options market remains high. Meanwhile, strong capital inflows into Memecoins such as DOGE and SHIB signal rising speculative activity, which may be associated with a broader market correction.
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