Cryptos Waver as Speculators Lose Interest

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Cryptos Waver as Speculators Lose Interest

The chart below shows bitcoin’s total open interest, or number of outstanding derivative contracts on the Chicago Mercantile Exchange (CME), which has ticked lower over the past week. Participation in the bitcoin futures market has waned since peak levels in November of last year, which preceded a 50% drop in BTC’s price. www.coindesk.com

The chart below shows bitcoin’s total open interest, or number of outstanding derivative contracts on the Chicago Mercantile Exchange (CME), which has ticked lower over the past week. Participation in the bitcoin futures market has waned since peak levels in November of last year, which preceded a 50% drop in BTC’s price.

www.coindesk.com