Bitcoin Price Rallies 20% as Futures Demand Returns

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Bitcoin Price Rallies 20% as Futures Demand Returns

The post Bitcoin Price Rallies 20% as Futures Demand Returns appeared first on Coinpedia Fintech News

Bitcoin gained more than 20% in three days as demand returned across both spot and futures markets. BTC open interest increased by $2.5 billion, including $1.5 billion on Binance, which now accounts for 37% of total market open interest. Binance also saw a sharp rise in futures activity, with its seven-hour moving average of net …