The Bitcoin futures market is popping off alongside Bitcoin’s price, with aggregate open interest and trading volume seeing their highest numbers since March.
Bitcoin’s recent price surge has been accompanied by explosive volume in its derivatives markets.
According to data from Skew analytics, aggregate open interest across Bitcoin futures markets (or the total value of outstanding trades) is broaching $5 billion, the most since before Bitcoin’s price tumbled during the Black Thursday mid-March crash.
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https://decrypt.co/37043/bitcoin-futures-volume-40-billion-highest-march-crash