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Halving Hype Boosts Bitcoin To Its Second-Strongest Spot Volume on Record

Ramsey Baker

Summary: As Bitcoin’s halving event draws close, the token is reaching near trading volumes, with April 30 posting the second-largest daily trade on record. On April 30, $66.2 billion worth of crypto assets changed hands as Bitcoin (BTC) surged above $9,000. Notional volume for BTC options on Chicago Mercantile Exchange, or CME, also experienced a record-high ...

As Bitcoin’s halving event draws close, the token is reaching near trading volumes, with April 30 posting the second-largest daily trade on record.

On April 30, $66.2 billion worth of crypto assets changed hands as Bitcoin (BTC) surged above $9,000. Notional volume for BTC options on Chicago Mercantile Exchange, or CME, also experienced a record-high in recent days, with 202 contracts being traded on May 5.

By Ramsey Baker

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