May 24, 2022

Bakkt Platform Breaks Bitcoin Futures Record

Bakkt Platform Breaks Bitcoin Futures Record

The daily turnover of Bakkt platform bitcoin futures for the first time on Friday exceeded the value of $ 20 million for the first time.

According to the Bakkt Volume Bot Twitter bot, the volume of trades in monthly contracts on the Bakkt platform yesterday totaled $ 20.3 million, thus rising 30% from the previous record.

Bakkt Platform Breaks Bitcoin Futures Record

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Earlier during the bidding, the platform was installeda new record for the number of contracts concluded, each of which corresponds to one bitcoin. Their final number was 2,728. Also, compared with the previous day, the volume of active positions increased by 29% and amounted to $ 1.75 million. In the past, it already exceeded the value of $ 2 million.

According to the official data of the owner of Bakkt andNew York Stock Exchange Intercontinental Exchange, the execution price of the last contract before the close of trading was $ 7,240. At the time of publication on the spot market, bitcoin is trading near this mark:

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At the same time, the share of Tether in the total volume of dollar trading fell to 73%, and for pairs with fiat currency again accounted for more than 10%.

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