What next for Bitcoin’s derivatives market?

[Jentot]

What next for Bitcoin’s derivatives market?

Open Interest on Chicago Mercantile Exchange has nearly doubled over the past 30 days. In fact, Aggregate Open Interest across top derivatives exchanges is up by 31%, with the response to Bitcoin’s steep rise in price evident when Deribit, BitMEX, and OKEx’s price charts are analyzed.
Back in July and August 2020, the Open Interest was climbing towards $6 billion. If Bitcoin’s price continues to rise, the Open Interest may increase proportionately.

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