![Assessing the state of Bitcoin's [BTC] demand in the derivatives market](https://ambcrypto.com/wp-content/uploads/2022/12/1671359324931-143de8c2-9593-416c-a7cd-1db57863c131-e1671359404203.png)
Bitcoin opened interest returns, but funding rate tanked Bitcoin volatility witnessed a rise upon considering the activity of indicators Bitcoin [BTC] embarked on some upside last week, triggering hopes of a potential recovery above $20,000. However, the upside was short-lived, and the cryptocurrency was back below $17,000 at press time. But what can the market […]