Crypto derivatives volume just fell 38% in 24 hours. Traders are sitting on their hands.
TokenPost data: 24h derivatives volume is about $298.5B, down 38.41%, while BTC holds near $77.9K, up about 0.8%. BTC dominance ticked up to 59.89%.
Read: low volume plus fear at 34-35 often means a market waiting for a catalyst. The next big one is US jobs data on Nov 6.
Are you adding exposure in this quiet range, or waiting for the jobs print? $BTC $ETH
#Bitcoin #CryptoMarket #Derivatives
Not financial advice.
TokenPost data: 24h derivatives volume is about $298.5B, down 38.41%, while BTC holds near $77.9K, up about 0.8%. BTC dominance ticked up to 59.89%.
Read: low volume plus fear at 34-35 often means a market waiting for a catalyst. The next big one is US jobs data on Nov 6.
Are you adding exposure in this quiet range, or waiting for the jobs print? $BTC $ETH
#Bitcoin #CryptoMarket #Derivatives
Not financial advice.