September 26, 2023

The daily trading volume of Bitcoin-based futures on the Bakkt platform amounted to almost $ 5 million

The Bakkt crypto derivatives exchange has witnessed a jump in trading volume for Bitcoin futures. So, on Wednesday volume trading on the platform reached ~ $ 4.81 million.

This figure exceeds the total trading volume for nineprevious trading days combined. Probably, this jump occurred due to the increased volatility of Bitcoin, since it was yesterday that its price fell by 6% in a few minutes, as a result of being below $ 8,000. At the moment, the first cryptocurrency is trading at $ 7486.00.

The total monthly volume of Bakkt Bitcoin futures is currently $ 20.22 million, or ~ $ 0.88 million per day.

The daily trading volume of Bitcoin-based futures on the Bakkt platform amounted to almost $ 5 million