Cryptocurrency
Crypto derivatives market saw its busiest trading day of 2020 on Tuesday
As reported by The Block, “Cryptocurrency derivatives trading struck its highest trading volumes of 2020 on Tuesday, while bitcoin jumped by 9% and ether by 16%, per data compiled by Skew. “For Bitcoin futures contracts, roughly $25 billion traded hands during the single day, making Jan. 14 the busiest session since Oct. 26. Meanwhile, open […]
As reported by The Block, “Cryptocurrency derivatives trading struck its highest trading volumes of 2020 on Tuesday, while bitcoin jumped by 9% and ether by 16%, per data compiled by Skew.
“For Bitcoin futures contracts, roughly $25 billion traded hands during the single day, making Jan. 14 the busiest session since Oct. 26. Meanwhile, open interest on bitcoin futures was up by 16% to $3.5 billion, with cryptocurrency exchanges OKEx and BitMEX seeing the largest volumes.
“The BTC options market also experienced its best day since June 26, with Deribit taking up a lion share of the overall trading volumes while LedgerX and CME led the U.S. market…”