Currencies35114
Market Cap$ 4.04T-2.19%
24h Spot Volume$ 91.04B+30.3%
DominanceBTC54.86%+0.60%ETH11.94%-1.95%
ETH Gas4.52 Gwei
Cryptorank

Category derivatives-to-spot volume

Leverage outweighs liquidity as Bitcoin spot volumes drop 40% since January

Leverage outweighs liquidity as Bitcoin spot volumes drop 40% since January

Bitcoin’s market structure has shifted decisively toward leverage, with derivatives now overwhelmingly accounting for the majority of daily trading...