The Bitcoin (BTC) market has evolved to include the simplest kind of derivative financial products – futures contracts. Those markets now reach $5 billion in daily volumes, taking a significant chunk from spot trading markets. Bitcoin Price Discovery Shifts to Futures Markets Bitcoin price discovery mechanisms have shifted in 2019, as the effect of futures is felt more strongly. Those markets invite traders betting only on price moves, with little regard for BTC scarcity or
The post Bitcoin (BTC) Futures Markets Hit $5B Daily Volume appeared first on Bitcoinist.com.
Be the first to start a conversation