π° News Alert:
π Title: Bitcoinβs volatility drives record volumes for perpetual futures
ποΈ Published: Wed, 05 Mar 2025 02:00:26 +0000
π Summary: President Trump's announcement of a strategic crypto reserve caused significant market volatility, particularly impacting Bitcoin's price movements and futures market activity. The sudden spikes and drops in Bitcoin's value led to increased trading volumes, shifts in open interests, and substantial liquidations, with Bitcoin perpetual futures being the dominant trading instrument. Future implications include heightened market uncertainty and potential for further price fluctuations.
π https://cryptoslate.com/bitcoins-volatility-drives-record-volumes-for-perpetual-futures/
ποΈ Source: CryptoSlate
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