Bitcoin-related assets daily trading volume exceeds $70 billion
On November 22nd, according to data shared by Bloomberg ETF analyst Eric Balchunas, the trading volume of the Bitcoin-related asset ecosystem reached a new high today, expected to reach $70 billion, of which $50 billion was contributed by MicroStrategy ($MSTR) and its related 2x leverage products, which have all refreshed trading records. At the same time, $IBIT's daily trading volume reached $5 billion, the second-highest historical record, and $MSTZ (inverse 2x leverage MSTR product) also broke through the $1 billion mark for the first time. $MSTZ's trading volume today reached $1.2 billion, with a daily turnover rate soaring by 3500%, setting a new record.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BTC breaks through $98,500
UK to Draft Regulatory Framework for Crypto Industry by Early Next Year
Ethereum futures open interest hits new all-time high of over $20 billion, signalling bullish momentum: CryptoQuant
Ethereum futures open interest across all exchanges has hit a new all-time high, according to CryptoQuant data.Positive funding rates and record leverage ratios highlight increased risk-taking, with traders betting on rising Ethereum prices.
US dollar index DXY breaks through 108
Trending news
MoreCrypto prices
More
