Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Bitcoin futures open interest tops $21 billion, highest since November 2021

Bitcoin futures open interest tops $21 billion, highest since November 2021

CointimeCointime2024/02/14 06:59
By:Cointime

According to CoinGlass data, the nominal value of outstanding contracts, which is the dollar value locked in open or active Bitcoin (BTC) futures contracts, has risen to a 26-month high. As of writing this article, the outstanding contracts for perpetual contracts and standard futures exceed $21 billion, with the Bitcoin spot market trading at $49,570. The number of outstanding contracts this year has increased by 22%, approaching the record of $24 billion set in mid-November 2021 when the Bitcoin trading price exceeded $65,000.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!