Bitcoin Futures surge $1.2B post-FOMC, but retail spending drops 50% – Here’s why – BitRss

• Bitcoin Futures Open Interest recently increased, indicating increased institutional activity despite retail traders stepping back.
• Retail BTC ($102,359.75) spending declined significantly, raising questions about short-term market confidence and future price action.

Bitcoin’s[BTC] futures market saw a significant $1.2 billion surge following the Federal Open Market Committee (FOMC) meeting.

However, on-chain data revealed a stark contrast in retail activity, with small-scale BTC transactions dropping by nearly 50%.

This divergence between institutional and retail participation raises crucial questions about the market’s next move.

Bitcoin Futures Open Interest surges post-FOMC

The Futures Open Interest (OI) on Bitcoin has climbed sharply, indicating renewed institutional engagement.

As seen in the Glassnode Futures OI Chart, BTC OI has risen past $50 billion across all exchanges, marking one of its highest levels in recent months.

Analysis showed that before the