Gold, Silver and Oil Drive 65,000% Jump in Commodity Perpetuals
BitMEX said weekly commodity perpetual swaps volume climbed from $38.1 million to $25 billion in Q1 as traders piled into 24/7 silver, gold and oil contracts.
BitMEX said weekly commodity perpetual swaps volume climbed from $38.1 million to $25 billion in Q1 as traders piled into 24/7 silver, gold and oil contracts.
Analysts believe that Bitcoin might witness strong moves, causing another round of forced liquidations.
Markets turned green on Monday, and technical charts hint that a break above longer-term overhead resistance levels could kickstart a strong bull trend.
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