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