Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
Bitcoin surges past $122,000 fueled by strong buying from US investors - Cryptured.com
With open interest (OI) reaching a record $89 billion, US traders drove prices near to their all-time high on Friday, causing Bitcoin (BTC) to surge past $122,000.
As spot demand and leverage bets increase, Bitcoin approaches its all-time high.
On Friday, Bitcoin surged just above $122,000, supported by traders’ increasing leverage and spot demand. According to CoinGlass statistics, as Bitcoin got closer to its all-time high of $124,128 in the last day, the increase led to $153 million in short liquidations.
Bitcoin approaches a record high amid growing spot demand and leveraged trading
The Bitcoin Coinbase Premium GAP increased $113 more than on other exchanges, indicating that US investors are mostly to blame for the current price increase.Crypto analyst Maartun stated in a Friday X post that this suggests US investors are paying more for Bitcoin on Coinbase than on other exchanges.
The present momentum of Bitcoin has also been fueled by institutional demand, as evidenced by the inflows that US spot Bitcoin exchange-traded funds (ETFs) have seen this week.Since Monday, the products have witnessed net inflows of $2.2 billion, indicating a change in market mood from last week’s outflows.
Following the US September jobs report’s postponement due to the government shutdown, investor sentiment has increased.
Prices for cryptocurrency assets have soared as a result of the delay.
Additionally, traders’ appetite for leveraged risk has grown, as seen by the fact that Bitcoin’s open interest reached an all-time high of $89 billion, according to CoinGlass statistics.
According to Glassnode’s X post on Friday, the open interest in Bitcoin was reset after last week’s options expiry, “clearing the board” of hedging activity and preparing the market for Q4.
Open interest has recovered, which now represents more strategic positioning on market volatility and direction.
Even with its recent surge, Bitcoin is still trailing gold and silver in terms of year-to-date performance, Maartun continued.In contrast to gold and silver, which have increased 46.7% and 61.8%, respectively, Bitcoin has increased 25.6% so far this year.