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Bitcoin Derivatives Trading Looks Set To Reach Record Levels This Month

Janelle Fox

Summary: Bitcoin (BTC) derivatives trading looks ready to reach record levels this month as their volume spikes and open interest are floating around all-time highs. According to data from the CME Group, open interest for its futures products alone totaled 5,328 contracts or 26,640 BTC, which is currently valued at around $237 million. These figures are ...

Bitcoin (BTC) derivatives trading looks ready to reach record levels this month as their volume spikes and open interest are floating around all-time highs.

According to data from the CME Group, open interest for its futures products alone totaled 5,328 contracts or 26,640 BTC, which is currently valued at around $237 million. These figures are higher than any other monthly close since CME first started operating in December 2017.

By Janelle Fox

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