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#CryptoMarketPrediction
Bitcoin traded higher during the US market trading hours, marking a notable shift after a month during which BTC declined approximately 20 percent overall while the US stock markets were open.
The decrease in open interest indicates that the movement was driven by short position closures rather than new long positions using leverage.
The broader cryptocurrency market remains fragile due to ETF outflows, tax-related positioning, and low liquidity during the holiday period, putting downward pressure on prices.