Svmuu News: Following the U.S. announcement of a provisional agreement with Iran and the lifting of oil sanctions for a period of 60 days, volatility in the international crude oil market has intensified. According to Bitget market data, the price of Brent crude (BZ) stands at approximately $78 per barrel, with a 24-hour increase of 0.3%. The intensifying battle between bulls and bears in the market has driven up interest in related futures contracts.
According to CoinGlass data, the total open interest for BZ contracts across all exchanges currently stands at $73,465,900. Of this, Bitget’s BZ contract open interest amounts to $12,543,700, ranking second globally with a 17.07% market share.
Currently, Bitget has comprehensively expanded its UEX (Universal Exchange) ecosystem, covering a diverse range of assets including U.S. stocks, CFDs, and cryptocurrencies, providing users with extensive cross-market asset allocation channels.
Lifting of U.S.-Iran Oil Sanctions Exacerbates Crude Oil Volatility; Bitget’s BZ Futures Open Interest Accounts for 17% of the Global Total, Ranking Second Worldwide
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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