Bitcoin Futures and Options at Record High!

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Oct 30, 2023 9:52

Bitcoin futures contracts and options holdings have reached an all-time high, with open interest in Bitcoin futures recently surpassing $15.83 billion, the highest level since early June 2022. Additionally, Bitcoin options holdings currently sit at around $15 billion, with a historical peak level reaching $17.73 billion on October 27. Since October, open interest in Bitcoin futures contracts has increased by 33.5%, demonstrating the growing interest in cryptocurrency trading. As the market continues to evolve, it remains to be seen whether Bitcoin will maintain its position as a prominent player in the world of finance.