September 21, 2020

Trading volume at Bakkt breaks records

Trading volume at Bakkt breaks records

After a few relatively sluggish days, Bakkt futures showed record volume bidding.

It is worth noting that since the launch, the total trading volume on Bakkt is $ 9 million, while the average volume per day is less than $ 1 million.

Bakkt futures trading volume on Thursday$ 1.93 million, at the moment this is a record high. Growth in interest in futures contracts occurred after the BTC price broke through the resistance level of $ 8600.

At the moment, experts do not find durablethe relationship between derivatives and spot markets. Note that the BTC spot market remains extremely active - every day there is trading on more than 2.43 million BTC.

Recall that due to unsatisfactory performance of trading on the exchange, many experts began to doubt the viability of the platform.

According to the materials cryptovest.com