Bitcoin futures open interest reaching new ATH

Bitcoin futures open interest reaching new ATH

Interest in trading Bitcoin futures is growing every day, as evidenced by the new ATH.


15 Jan 2021 , 13:29 @ Katie Müller

Bitcoin futures open interest reaching new ATH

Interest in trading Bitcoin futures is growing every day, as evidenced by the new ATH.

The price of Bitcoin is again in the $ 40K range, which raises the need for most traders to engage in speculation and trading about the future price of BTC.

It was during this period that the activity of traders in the markets with Bitcoin futures contracts increased rapidly. The increase also accumulated due to instead of physically delivering Bitcoin after the settlement of the contract they delivered FIAT.

According to the latest data from skew, Bitcoin futures open interest has achieved a new ATH today.

For specific exchanges, the largest open interest by some margin was recorded on the Chicago Mercantile Exchange (CME) at $ 2.39b.

Read also: PayPal cleared $ 242M in crypto trades in just one day

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