CryptoQuant founder: High spot trading volume is good for the market
Ki Young Ju, the founder and CEO of CryptoQuant, stated on social media that the BTC market has long been driven by futures, but this trend has weakened compared to the last bull market. The volume of spot and futures trading has decreased by 63% from its peak. I believe that high spot trading volume is beneficial to the market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
VeChain News: B3TR, VET, and VTHO Now Spendable Anywhere with New Stella Pay Visa Card
COTI Mainnet Welcomes Band Protocol’s Private, Real‑Time Oracle Feeds
VeChain Partners with 4ocean to Advance Ocean and Land Sustainability with Blockchain
1kx strategically invests in Web3 gaming startup Gunzilla Games
Trending news
MoreCrypto prices
More
