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Bitcoin Trading Volume Hits a 15-Month High, Open Interest Surges Again on Crypto's Biggest Exchange!

@SanSights
1 min read
12.01.2024
BTC


📊 #Bitcoin continues to be traded and moved at predictably high rates following Wednesday's approval of 11 #ETF's. Trading volume recently spiked to its highest level since the #FTX collapse 15 months ago. Additionally, #Binance perpetual contract open interest rates jumped by $426M since 8am UTC today.


What was not anticipated by the crowd was a drop in $BTC's market value to $43.3K. Trader #FUD would be a good sign of an upcoming bounce.

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