Bitcoin Trade Volume Reaches $130 Billion, Among Highest Recorded
Bitcoin is trading at record levels, with a notable increase in trading volume.
- Wednesday's volume reached $130 billion, one of the highest in history.
- Trading volume doubled since early November, following President Trump's election win.
- The futures market recorded $110 billion in volume, marking the fifth-highest level ever.
- The spot market had approximately $15 billion traded, nearing an all-time high.
- Bitcoin ETFs accounted for around $5 billion in trade volume, about half of the March 2024 record.
- Options contracts traded over $3 billion in the last 24 hours, contributing to overall growth.
Increased volume and liquidity may enhance Bitcoin's position as a global settlement layer, attracting institutional interest.