Bitcoin Reclaims $90,000 Amid Rising Futures Interest and U.S. Trading Risks
Bitcoin price rose from about $88,000 to above $90,000 during Asia and European trading hours on Monday.
The U.S. trading session is viewed as crucial for sustaining the rally; prior gains have often reversed during New York hours.
Bitcoin futures open interest rose toward $60 billion across major venues, signaling increased leverage.
Increases were observed at Binance, CME, and Bybit, suggesting fresh leverage entering the market rather than only short covering.
Derivatives positioning and rising open interest raise the stakes for whether the rally is supported by spot demand or leveraged futures.
If the move holds, leverage could amplify upside; if momentum stalls, positions may unwind causing fast pullbacks.
A failure to hold $90,000 during U.S. hours could reinforce a pattern of lower highs and quick pullbacks, while a sustained move above $90,000 would break from December's sell-the-open behavior.
