Bitcoin and Ether Trading Flat as Bitcoin Halving Event Keeps Options Volatility High
Bitcoin and Ether were trading above $70K and $3600 respectively on Monday, with options volatility remaining high due to the upcoming Bitcoin halving event. The markets were relatively calm last week, but funding rates for large-cap perpetual futures remained inflated and global open interest for BTC and ETH perpetual futures reached $35 billion. QCP Capital noted positive inflows on Bitcoin ETFs before the long weekend, with $243.5 million on March 27 and an additional $182 million on March 28. The CoinDesk 20 was up 1.9% and trading at 2,750.
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.
You may also like
CandyBomb x VSN: Trade VSN, XRP or SOL to share 2,931,200 VSN
New users get a 100 USDT margin gift—Trade to earn up to 1088 USDT!
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— Enjoy up to 10% APR and trade to unlock an additional pool of 50,000 USDT
Bitget Spot Margin Announcement on Suspension of SANTOS/USDT, MYRO/USDT, DUSK/USDT, PHB/USDT, ALPINE/USDT Margin Trading Services
