Coinbase Prime has seen an increase in USD inflows, indicating a rise in OTC bitcoin trading by institutional investors.
XRP futures open interest has surged since Monday to hit an all-time high, signaling heightened market anticipation.
A potential BoJ rate hike next week could trigger a yen carry trade unwind, disrupting global liquidity and impacting risk assets.
XRP futures open interest on major crypto derivatives exchanges has reached a record high, as the token surges over 16% in the past day.