The volume of Bitcoin futures contracts traded in the last 24 hours, which is crucial to understanding the market, has decreased to its second lowest point this year at 767,000 BTC, worth around $20 billion. Binance is currently holding the majority of futures volume contracts, although its overall share is gradually decreasing. In the past 24 hours, around $10 billion less of futures volume was traded, with most contracts closed at Binance. CryptoSlate's latest market report examines the history of US debt and the potential impact of a default on the crypto market.
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Bitcoin Futures Volume Continues to Diminish, Most Contracts Closed at Binance
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