Tag: skyrockets
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Binance’s Traditional Finance Perpetual Futures Volume Skyrockets to $60 Billion Weekly, Reshaping Global Market Access
Binance, the world’s largest cryptocurrency exchange by trading volume, has witnessed an unprecedented surge in its Traditional Finance (TradFi) perpetual futures market, growing from negligible volumes six months ago to a staggering $60 billion in weekly turnover. This meteoric rise, detailed in recent data published by Binance Research, signifies a pivotal shift in how global…
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Bitcoin Surges Past $80,000 as Institutional Demand Skyrockets, Fueling Bullish Outlook
Bitcoin (BTC) experienced a significant price surge, briefly eclipsing the $80,000 mark on Sunday night for the first time since January, before settling back to approximately $79,200. Despite this minor pullback, the flagship cryptocurrency has maintained a modest upward trajectory, registering a gain of about 0.4% over the preceding 24 hours. This recent price action…
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