Bitcoin Derivatives Surge Before U.S. Jobs Report
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The activity in Bitcoin derivatives accelerated on October 2 before the September employment report in the United States, with CoinGlass showing an open interest close to $56.7 billion while BTC was trading above $86,000. Since September 30, open positions increased by approximately 27,000 BTC, equivalent to some US$86,000. Since September 30, open positions increased by approximately 27,000 BTCs, equivalent to ... Read more
Bitcoin Derivatives Surge Before U.S. Jobs Report
Bitcoin derivatives activity accelerated on October 2 ahead of the U.S. September jobs report, with CoinGlass showing open interest near $56.7 billion as BTC traded above $86,000. Since September 30, outstanding positions have increased by roughly 27,000 BTC, or about $2.3 billion, while rising...
The cryptocurrency market is on an upward trajectory on Friday (2/10), ahead of the crucial US employment report, with Bitcoin exceeding $86,000 and activity in the derivatives market strengthening significantly, as traders increase their positions and strengthen their exposure to the market. Thus, the "king" of crypto is currently trading at $86,323 with daily gains of 3%, while at a 7-day level it is strengthening by 2%. Its capitalization ran…
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