Bitcoin (BTC) Futures Open Interest Tops $17 Billion, December 2021 Futures Trading $10K Above Spot Price

Earlier today, Bitcoin (BTC) topped $50,000 levels hitting its new all-time high along with stablecoin reserves at the exchanges moving to all-time highs. The world’s largest cryptocurrency now is just short of becoming the first trillion-dollar crypto asset. Interestingly, the Bitcoin derivatives market has seen significant action with the aggregated open interest (across all exchanges) The post Bitcoin (BTC) Futures Open Interest Tops $17 Billion, December 2021 Futures Trading $10K Above Spot Price appeared first on Coingape.