BTC price steady near $77,500 as derivatives signal cooling momentum, cautious sentiment
By Oliver Knight
Published on April 24, 2026.
Crypto volatility cooled on Friday, with bitcoin BTC $ 77,667.29 stuck between $77,500 and $78,500. This follows a failed attempt near $80,000 on Wednesday. Meanwhile, Ether (ETH) lost around 0.9% since midnight, while U.S. stock futures were mixed. Bitcoin futures open interest dropped by over 6% to 744.3K BTC in 24 hours, suggesting traders are unwinding leveraged positions. Other major cryptocurrencies, such as ether (ETH), solana (SOL), and XRP (XRP), saw lackluster trading over the past 24 hours. The 30-day implied volatility index, BVIV, dropped to 42%, the lowest since Jan. 31.
Read Original Article