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Price Analysis 01/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Published 11/01/2019, 04:45 PM
Updated 11/01/2019, 06:21 PM
Price Analysis 01/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX
BTC/USD
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A Bloomberg report, analyzing data from 13 top exchanges, shows that within a very short span of time, Bitcoin (BTC) futures trading volume has grown to about 50% of spot trading volume. This is the sign of a maturing asset class. Successful operation of the futures market may provide regulators with the confidence they need as many are concerned that a few entities can easily manipulate the markets at will.

The institutional players who have been staying away due to wild volatility in the crypto sector are also likely to jump in because the futures and options market provides them with a variety of tools that can be used to hedge their positions and reduce their risk.

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