Investors Doubt Bitcoin’s Further Growth
October 21, 2020 / Doubt Bitcoin’s Further Growth
The positive movement in BTC rate did not lead to an increase in rates for cryptocurrency futures. You can see the decline in the interest of market participants in the financial instrument, despite the increase in its value on the chart, which reflects the movement of the digital asset rate in comparison with the rates for futures on BTC.
The chart reflects Bitcoin price movement and changes in BTC futures rates on various digital asset exchanges, including Binance, Bitfinex, BitMEX, and Deribit. The analyst drew attention to the fact that the growth of rates for futures on Bitcoin signals a positive mood of investors regarding the further movement of the digital asset rate.
BTC |
$ 63504.71
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