Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Bitcoin-related assets daily trading volume exceeds $70 billion

Bitcoin-related assets daily trading volume exceeds $70 billion

Bitget2024/11/22 03:19
BTC+0.29%

On November 22, according to data shared by Bloomberg ETF analyst Eric Balchunas, the trading volume of the Bitcoin-related asset ecosystem hit a new high today, expected to reach $70 billion, of which $50 billion was contributed by MicroStrategy ($MSTR) and its related 2x leveraged products, which have set new trading records. At the same time, $IBIT's single-day trading volume reached $5 billion, setting the second highest record in history, and $MSTZ (reverse 2x leveraged MSTR product) also broke the $1 billion mark for the first time. $MSTZ's trading volume today reached $1.2 billion, and the daily turnover rate soared 3,500%, setting a new record.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Avalanche chain TVL doubles in two quarters to $2.1 billion
2
The net inflow of US spot Bitcoin ETFs reached $553.22 million yesterday.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$116,675.64
-0.22%
Ethereum
Ethereum
ETH
$4,612.11
+1.58%
XRP
XRP
XRP
$3.09
+1.48%
Tether USDt
Tether USDt
USDT
$1
+0.00%
BNB
BNB
BNB
$987.81
+2.77%
Solana
Solana
SOL
$245.67
+3.58%
USDC
USDC
USDC
$1.0000
+0.00%
Dogecoin
Dogecoin
DOGE
$0.2796
+3.73%
Cardano
Cardano
ADA
$0.9106
+3.29%
TRON
TRON
TRX
$0.3437
+0.09%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter