Wednesday, October 16, 2019
Bitcoin Futures Flash Bullish As Binance Sets $700 Million Daily Record
Published by Anja van
olleux
Bitcoin Futures Flash Bullish As Binance Sets $700 Million Daily Record
olleux via marketwatchlive
Cryptocurrency exchange Binance surprised analysts this week after its Bitcoin futures set an unlikely trading record. According to data from market analyst Skew on October 15, Binance’s BTCUSD product traded over $700 million on Tuesday alone.
Shortly after the Binance and Bakkt futures launch, BTC/USD shed 20% in hours to fall to around $8000, something from which the pair has yet to recover. What do you think about Binance’s Bitcoin futures volume?
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