Binance’s Spot-to-Futures Ratio Hits 1.5-Year Peak as Bitcoin Reclaims $109K - Overpasses For America

Binance’s Spot-to-Futures Ratio Hits 1.5-Year Peak as Bitcoin Reclaims $109K - Overpasses For America

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Binance spot to futures ratio reaches levels not seen since 2023

Binance saw an uptick in activity in the past month, with the biggest boost coming from the futures market. The clear bullish trend expanded demand for active trading with leverage, to make the best of the market’s direction.  Binance is once again predominantly a futures market, increasing the ratio of futures to spot trading. The dominance of futures trading is near a 1.5-year high, reflecting the increased open interest for BTC and other acti…

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Binance’s Spot-to-Futures Ratio Hits 1.5-Year Peak as Bitcoin Reclaims $109K

Bitcoin continues to show upward momentum as it has now finally reclaimed a critical price mark. As of the latest data, BTC briefly traded above $109,000; however, it has since retraced, now trading at $108,959, marking a 3.5% increase over the past 24 hours. This puts the asset less than 1% away from its all-time... The post Binance’s Spot-to-Futures Ratio Hits 1.5-Year Peak as Bitcoin Reclaims $109K appeared first on Daily Truth Report • Daily…