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Bitcoin Futures and Options at Record High!

October 30, 2023
in Business
Bitcoin Futures and Options at Record High!
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Home/Crypto Live News/Bitcoin Futures and Options at Record High!

Crypto Live News

Author: Mustafa Mulla

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Author

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Oct 30, 2023 9:52

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Bitcoin futures contracts and options holdings have reached an all-time high, with open interest in Bitcoin futures recently surpassing $15.83 billion, the highest level since early June 2022. Additionally, Bitcoin options holdings currently sit at around $15 billion, with a historical peak level reaching $17.73 billion on October 27. Since October, open interest in Bitcoin futures contracts has increased by 33.5%, demonstrating the growing interest in cryptocurrency trading. As the market continues to evolve, it remains to be seen whether Bitcoin will maintain its position as a prominent player in the world of finance.

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Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/crypto-live-news/bitcoin-futures-and-options-at-record-high/

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