🚨🚨Bitcoin futures volume peaks in March, declines in sync with price drop🪙🧐
Bitcoin futures volume on major exchanges shows varied trends throughout 2024. The Glassnode charts illustrate a significant shift in futures trading activity. From the start of the year, the volume fluctuated, peaking in early March with almost 1.2 million BTC traded daily.
This peak coincided with Bitcoin’s price reaching over $70,000, suggesting a strong correlation between trading volume and price movements at the time.
