Crypto Spot Trading Grew Faster Than Derivatives in March as Bitcoin (BTC) Prices Crossed $73K

Changelly
Omkar Godbole
Minersgarden

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Derivatives are often criticized for creating artifical demand and supply via leverage, injecting volatility into the market and are considered a proxy for speculative activity often observed at major market tops. As such, the decline in derivatives’ share of the total market activity might be a good news for crypto bulls anticipating a continued price rally.

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