Bitcoin’s rally rekindles the derivatives market
Bitcoin’s rally rekindles the derivatives market
Bitcoin's rally revitalized the derivatives market with rising originate interest in futures and ideas.
Bitcoin's most traditional rally has breathed unique existence into the derivatives market after a stagnant July. As Bitcoin's tag surged from $56,680 to $65,025 inner a span of days, the futures market observed originate interest spike from $26.97 billion to $33.25 billion. Equally, the selections market mirrored this spike, revealing traders' excitement. Nonetheless the most compelling insight lies within the distribution of calls and puts, where over 65% have been calls, indicating an important shift in market sentiment. So, what does this overwhelming need for calls counsel about...
Source credit : cryptoslate.com