ICYMI: Bitcoin futures volume hit a 21-month low in August, as ether volume surged
This was bitcoin’s lowest month by trading volume since November 2020.Bitcoin futures trading volume, in dollar terms, clocked its lowest levels since November 2020 in August.bitcoin futures trading volume for August came in at $941.5 billion across exchanges. That's the first month it was under $1 trillion since December 2020 — when volumes were $970.1 billion — and the lowest since November 2020, when volumes were $779 billion.
Ether futures crossed $1 trillion for the first time since May 2021, when they reached $1.64 trillion. Trading volumes for the second-largest cryptocurrency by market cap were $1.05 trillion in August, up from $934.9 billion in July. The 21Shares research team noted in its monthly review that there were $950 million worth of liquidations from the crypto futures market over the last two consecutive weekends in August, which may have escalated the downward trend of bitcoin and the broader market.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Home sale prices from Alameda County, August 28, 2022Residential transactions in Alameda County
Weiterlesen »
White House braces for slow August job growth after labor surgeAfter touting for months the strong employment numbers as a way to deflect criticism of soaring inflation, the White House on Tuesday warned that the numbers released later this week by the Labor Department will likely a jobs markets that is “cooling off.”
Weiterlesen »
Biden dodges the August curseAs the midterms approach, Biden embarks on a travel blitz to lay the groundwork for Democrats this November and himself in 2024.
Weiterlesen »
US consumers more confident in August as gas prices dipWASHINGTON (AP) — Following three straight monthly declines, U.S. consumer confidence rebounded in August as inflation moderated and gas prices fell. The Conference Board said Tuesday that its consumer confidence index rose in August to 103.2 from 95.3 in July.
Weiterlesen »
US consumers more confident in August as gas prices dipFollowing three straight monthly declines, U.S. consumer confidence rebounded in August as inflation moderated and gas prices fell.
Weiterlesen »