CryptoQuant Founder: Bitcoin Market Futures Driving Weakening, High Spot Trading Volume Beneficial for the Market
ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on social media, "The Bitcoin market has long been driven by futures, but compared to the last bull market, this situation has weakened. The ratio of futures to spot trading volume has decreased by 63% from its peak. I believe that high spot trading volume is beneficial for the market."
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