Post
Topic
Board Bitcoin Discussion
Bitcoin options and futures trading volume has been reduced by more than 60%
by
ZUES MINING
on 13/07/2021, 05:50:42 UTC
According to the latest report from Glassnode, open interest in bitcoin futures continues to fall and has fallen to between 10.7 billion and 13 billion US dollars. In addition, Bitcoin futures trading volume is also declining. The average daily transaction value has dropped to 45 billion US dollars, a 62.5% decrease compared to May and a 49% decrease compared to April. The growth of the Bitcoin options market has also begun to slow down. The current open interest in Bitcoin options is approximately US$4.4 billion, which is 67% lower than the market highs in March and April and has returned to December 2020. s level.