Crypto derivatives market shows price recovery

by in Cryptocurrency News

Crypto derivatives

As of today, we can confidently talk about the recovery of the digital assets market after the fall in their value in May. The most actively moving up the price ladder are such coins as ВТС and ЕТН. In addition, it will be fair to note an increase in investor demand for cryptocurrency derivatives, which continue to “flourish” in 2021.

In particular, we are talking about such financial instruments as futures, various options, and even micro-futures. Their popularity, analysts say, is growing in proportion to the popularity of the cryptocurrencies themselves.

So, for example, according to the analytical service Bybt, the Bitcoin options market has reached an annual maximum over the past three months. As of August 14, the volume of such trades exceeded $ 7.8 billion, while on June 28, this figure was $ 3.8 billion.