TechFlow News, May 19: International crude oil prices declined amid a temporary easing of geopolitical tensions in the Middle East. According to Bitget market data, Brent Crude (BZ) is currently trading at USD 109 per barrel, down 2.53% on the day. Intensified long-short positioning dynamics on the futures market have driven increased trading activity in related contracts.
Per CoinGlass data, the total open interest for BZ contracts across all platforms stands at USD 67.9316 million. Among centralized exchanges, Binance, Bitget, and OKX rank first through third in open interest, with figures of USD 46.9913 million, USD 8.3424 million, and USD 5.6461 million, respectively. Bitget’s platform recorded a 24-hour open interest growth rate of 28.32%, leading all platforms.
Currently, Bitget’s Unified Exchange (UEX) ecosystem covers diverse asset classes—including U.S. equities, CFDs, and cryptocurrencies—providing users with extensive cross-market asset allocation options.
