RATE Group | Bakkt’s Bitcoin Futures See $10 Million in Volume on Tuesday
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Bakkt’s Bitcoin Futures See $10 Million in Volume on Tuesday

06 Nov Bakkt’s Bitcoin Futures See $10 Million in Volume on Tuesday

Posted at 12:45h in Ethereum News by

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It seems that the now-infamous China pump of 2019 has awoken something in Bakkt’s Bitcoin futures. On the day of the jaw-dropping 42% pump last week, the exchange’s futures saw more than $10 million worth of volume traded, a new all-time high for the fledgling market.

Since then, this volume has persisted.

Bitcoin Futures Market Swelling Again

According to a report from Bakkt Volume Bot, a Twitter robot dedicated to following trends in its namesake’s Bitcoin market, Tuesday was an extremely strong day for Bakkt’s Bitcoin futures, with the market processing over $10 million worth of contracts, 1060 BTC worth, in fact. This marks a 96% increase from the day prior.

This is the latest multi-million dollar volume day that Bakkt has seen…

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