Bitcoin, the leading digital asset, has witnessed a significant upswing in derivatives trading, resulting in open interest hitting a two-month high. This spike follows President Trump’s announcement about pausing trade tariffs on April 20. Traders are responding positively to the news, fueling increased activity in the Bitcoin derivatives market. This renewed interest could suggest a shifting sentiment among investors and a possible upward price trend for Bitcoin. With these developments, market enthusiasts and traders alike should keep a close watch on Bitcoin’s movements and the implications for their investment strategies. Understanding these trends can lead to informed trading decisions.