Bitcoin [BTC] Clocks a Yearly High of $16650 As it Posts Highest 3-Week Close
Bitcoin has continued to maintain a strong position above $16,000 after clocking a yearly high of $16,463 last week. The king coin has also set another record with the highest 3-week close ever since its existence. The last of the 3-week candlewick close at $15,960 which is an 18% increase over its previous cycle. There
Bitcoin has continued to maintain a strong position above $16,000 after clocking a yearly high of $16,463 last week. The king coin has also set another record with the highest 3-week close ever since its existence. The last of the 3-week candlewick close at $15,960 which is an 18% increase over its previous cycle. There
Bitcoin Trading Volume on Bakkt Peaks Again as September Expiration Approaches
Bakkt recently had witnessed a peak in the trading volume of physically-settled bitcoin futures on Tuesday, however, this was a short-lived peak. On Thursday, Bakkt’s trading volume for physically-settled bitcoin contracts surpassed previous ATH at $172 million and reached $178 million. Even though Bitcoin’s value is inching closer to $11,000 after a struggle in the
Bakkt recently had witnessed a peak in the trading volume of physically-settled bitcoin futures on Tuesday, however, this was a short-lived peak. On Thursday, Bakkt’s trading volume for physically-settled bitcoin contracts surpassed previous ATH at $172 million and reached $178 million. Even though Bitcoin’s value is inching closer to $11,000 after a struggle in the
Bakkt’s Bitcoin Futures Volume Reaches an ATH, Signaling Growth In Institutional Bitcoin Investment
Bitcoin’s consolidating price has proven to be a good sign for the traders to begin accumulating. This trend is also gaining strength among Institutional players as Bakkt noted record daily trading volumes. Institutional investors and their interest in Bitcoin futures are driving growth on derivatives exchanges like the Chicago Mercantile Exchange and Bakkt. Interestingly, the
Bitcoin’s consolidating price has proven to be a good sign for the traders to begin accumulating. This trend is also gaining strength among Institutional players as Bakkt noted record daily trading volumes. Institutional investors and their interest in Bitcoin futures are driving growth on derivatives exchanges like the Chicago Mercantile Exchange and Bakkt. Interestingly, the