Bitget Futures Market Updates

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Bitget2024/05/06 06:48

Over the past 24 hours, Bitcoin futures experienced a notable decline in trading volume, contrasting with Ethereum futures, which saw a surge in volume. Despite this difference, both BTC and ETH futures markets witnessed an increase in open interest, indicating growing investor interest and participation. Interestingly, both cryptocurrencies witnessed more short liquidations than long, yet they also had more long open positions, showcasing a bullish sentiment overall. Moreover, the long/short ratios for both BTC and ETH futures remained relatively balanced, indicating a mix of optimism and caution among traders in both markets.

Bitcoin Futures Updates

Total BTC Open Interest: $30.38B (+0.39%)

BTC Volume (24H): $42.99B (-18.04%)

BTC Liquidations (24H): $8.22M (Long)/$12.34M (Short)

Long/Short Ratio: 50.58%/49.42%

Funding Rate: 0.0060%

Ether Futures Updates

Total ETH Open Interest: $10.68B (+2.13%)

ETH Volume (24H): $16.37B (+2.70%)

ETH Liquidations (24H): $3.93M (Long)/$5.61M (Short)

Long/Short Ratio: 50.07%/49.93%

Funding Rate: 0.0054%

Top 3 OI Surges

LAI: $4.03M (+199.15%)

FRONT: $44.75M (+166.33%)

USTC: $15.46M (+83.49%)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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