The total Bitcoin contract position of the entire network exceeds 28 billion US dollars: the market heat continues to rise
According to the latest data, the total Bitcoin contract position of the entire network has reached 28.279 billion US dollars, a 24-hour increase of 3.65%. In addition, the total Ethereum contract position of the entire network is 10.367 billion US dollars, a 24-hour increase of 2.41%. This data reflects the continued rise in market heat.
Reasons behind the increase in positions
Market sentiment has warmed up: Market sentiment has warmed up recently, and investors' confidence in cryptocurrencies has increased, leading to an increase in contract positions. Institutional investor participation: More and more institutional investors have entered the market, increased their positions, and promoted further market activity. Macroeconomic factors: The uncertainty of the global economic environment has prompted more investors to turn their attention to cryptocurrencies, an emerging asset class, in order to seek higher returns and hedging opportunities.
Comparison of the performance of Bitcoin and Ethereum
As the leader of the cryptocurrency market, Bitcoin's position reached 28.279 billion US dollars, occupying a major share of the market, with a 24-hour increase of 3.65%. Ethereum: Although Ethereum's holdings are lower than Bitcoin, they have also reached 10.367 billion US dollars, with a 24-hour increase of 2.41%, which is also a good performance. Ethereum's wide application in decentralized finance (DeFi) and smart contracts has made it popular with investors.
Enhanced liquidity: The increase in holdings means that the liquidity of the market has increased, which is conducive to price discovery and market stability. Volatility risk: Although the increase in holdings reflects the market's activity, it may also bring greater volatility risks, and investors need to be cautious. Welcome to discuss with Boshi, share insights and trading strategies, seize market opportunities, and achieve stable returns.
