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Bitcoin futures market exceeds $2 trillion in monthly volume for January

by CryptoExBulletin
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Bitcoin futures market exceeds $2 trillion in monthly volume for January
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Month-to-month buying and selling volumes for Bitcoin futures greater than doubled from December to January, based on data compiled by The Block Analysis. 

December’s future buying and selling quantity was $993.8 billion, whereas January’s was $2.09 trillion — an all-time excessive. Binance led the best way in January’s quantity at 30% of the amount, adopted by Huobi at 23.8% and OKEx at 16.9%. 

Month-to-month Bitcoin choices quantity additionally reached its highest level in January, coming in at $27.93 billion. Deribit facilitated the commerce of $25.8 billion — or 92.4% — of the month-to-month quantity, whereas OKEx held 5.1% and CME had 1.9%. 

For extra insights from January 2021, try The Block Analysis.

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