Server sync... Block time in database: 1611054222, server time: 1653064289, offset: 42010067

Open interest for Bitcoin futures surpasses $5 billion


An increase in open interest signals that more money is flowing into the market and that traders are anticipating a near-term rise in the underlying volatility.

Interesting article about the open interest in bitcoin right now. I'm not an expert on the futures market but $5 billion doesn't sound like a lot to me. I believe the currency markets are over a trillion a day, so bitcoin seems still really small. At least it's going in the right direction.

Read the full story here....
https://finance.yahoo.com/news/open-interest-bitcoin-futures-surpasses-090930347.html


Comments 0