Global Bitcoin Futures Reach Six-Month High Above $50 Billion

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Global Bitcoin Futures Reach Six-Month High Above $50 Billion

The global Bitcoin futures market has hit a six-month high of $52 billion, as noted by market insights platform Unfolded.

Bitcoin futures allow investors to gain an exposure to Bitcoin without having to actually hold any Bitcoin itself. Much like any futures contract for a traditional asset, Bitcoin futures are speculative investments about the future price and value of Bitcoin. And, right now, they’re booming.

Learn more about the news here.