The volume of a token listed on CoinMarketCap is quite simple. It’s the amount of the coin that has been traded in the last 24 hours. For example, roughly $ billion worth of Bitcoin has changed hands in the last day. You can break this down in a variety of ways; you could also list it as 3,,, Euros. Nov 09, · Bitcoin trading volume on the world’s top exchanges dropped by nearly 18% in October. Financial analysts have a few ideas as to why. By Robert Stevens. 3 min read. Nov 9, Nov 9, Bitcoin. Bitcoin is the world's largest cryptocurrency by market cap. IMAGE: Shutterstock. In brief. According to Deribit, 16, BTC contracts were traded in the Jan 36k call. Since call options were used, which are buy orders, the trade cannot possibly be bearish. But, due to the complexity of options contracts, it is difficult to say that the trader expects Bitcoin to increase substantially.
Btc volume traded
The Largest Ever Bitcoin Options Trade Was Just FiledGiven that the options themselves were cheap, it is likely that the trade is a play on volatility, not price. There are several reasons a trader might file a major Bitcoin options trade in the current environment. First, the U. The U. Upon the election, especially if it is a contested one, that could spur more volatility in the Bitcoin market. A high level of volatility is likely in the near term as the uncertainty around the price direction strengthens.
He wrote :. In the past week, the Bitcoin derivatives market has seen a significant upsurge in volume, in general. The futures market, led by Binance Futures and CME, saw its hour volume rise substantially in a short period.
The Bitcoin options and futures markets have particularly increased in the past two weeks due to the growing dominance of BTC. Transparency Grade Transparent. Circulating Supply 18,, Max Supply 21,, Bitcoin Statistics. Date of ATH Today! Days Since ATH 0. Price vs ATH. Mkt Cap Rank 1. Mkt Dominance Mkt Dominance. Exchange Volume Unknown. Transparent Volume. About Bitcoin. Read More. Currency Name. Block Explorer. Bitcoin Markets Top Bitcoin Historical Data Past 7 Days.
Frequently Asked Questions. A report published by Crypto Compare today shows that cryptocurrency trading volumes fell by But CryptoCompare reported large decreases in overall spot trading volumes for exchanges that the market research firm considers to post accurate figures. Pedro Febrero, an analyst at Quantum Economics, told Decrypt that there are two possible reasons for the decline. The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
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