The market is waiting for a big move; The volume of Bitcoin leveraged transactions reached 40 billion dollars!

Yesterday, the growth of the Bitcoin price to over $116,000 was accompanied by an increase in investors’ ierest in leveraged positions, and the total value of open Bitcoin positions in the derivatives market reached more than $37.63 billion. Although this figure is still lower than the record of $47 billion in early October, it shows the increased confidence of traders and their expectation for future market movemes.

Meanwhile, experts warn that increased leverage, while providing greater profit opportunities, also increases the risk of extreme market volatility. Given the curre US economic conditions, including deflation and unstable economic data due to the governme shutdown, any macro decision by the Federal Reserve could have an immediate and significa impact on the price of Bitcoin and other digital currencies.

At the time of writing, Bitcoin price has retreated to the $113,940 range.