Express

Bitcoin Futures Open Interest Bounces Back to $3 Billion

Yiran Dai

Summary: The Bitcoin futures market has been recovering from the Black Thursday thump, and its aggregated open interest is rising close to $3 billion, an over $500 million growth in a week, per data from Skew.

The Bitcoin futures market has been recovering from the Black Thursday thump, and its aggregated open interest is rising close to $3 billion, an over $500 million growth in a week, per data from Skew.

The current total open interest is still $1 billion short of that before March 12, the Black Thursday. The highest open interest recorded so far was in mid-February when the number reached $5 billion, Decrypt reports. Binance and Huobi are leading in trading volume.

According to Bitpush Market Data, Bitcoin is trading at $8,860 at the moment of writing.

By Yiran Dai

Last Update:

Tags: ,
Link: Bitcoin Futures Open Interest Bounces Back to $3 Billion   [Copy]
Next:

Related Articles

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 5 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 11 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 14 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 15 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 18 days ago

    • You need to login to comment.