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The total Bitcoin contract holdings across the network have fallen below 60 billion US dollars, a drop of 11.89% from its peak

The total Bitcoin contract holdings across the network have fallen below 60 billion US dollars, a drop of 11.89% from its peak

Bitget2024/12/22 08:53
BTC-0.46%

According to Coinglass data, the total Bitcoin contract holdings across the network have fallen below 60 billion US dollars, currently reported at 59.97 billion US dollars, a decrease of 4.02% in the past 24 hours. Since Trump's victory on November 5th, Bitcoin futures' open contracts have significantly increased from 39 billion US dollars on November 5th to a record high of 68.1 billion US dollars on December 18th, indicating an increase in trading activity and market speculation. Today's contract holdings fell below $60 billion, down by11.89% from its peak.

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.
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