CryptoQuant Founder: Bitcoin Market Futures Driving Weakening, High Spot Trading Volume Beneficial for the Market
ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on social media, "The Bitcoin market has long been driven by futures, but compared to the last bull market, this situation has weakened. The ratio of futures to spot trading volume has decreased by 63% from its peak. I believe that high spot trading volume is beneficial for the market."
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags
Mention the project
