exclusive
Bakkt's volumes are soaring as bitcoin sinks, and it could signal impending 'hockey stick growth'
Partner offers
The Block may may earn a commission if you use our partner offers, at no extra cost to you.
Quick Take
-
Bakkt and CME both saw their bitcoin futures trading volumes soar by at least 100%
-
Shorting might be fueling activity on the platforms
- Bakkt’s growth could continue, one expert predicts
Cryptocurrency markets have faced a rout over the last month, but two firms are benefiting from the bearish price action. Bitcoin has tumbled over 11% over the past five days, falling below $6,500 for the first time in recent months on Sunday. Still, U.S.-regulated bitcoin futures markets have seen their volumes explode over the last […]
accessprotocol.co
Subscribe for Premium Content
To unlock this and other Premium content, subscribe via Access Protocol. You can pay with SOL.
