Derivative Volumes Hit Record High in August as Bitcoin Surged to $12,000

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Bitcoin Shows Some Signs of Stabilization After Brutal Decline 350x209 1

Crypto derivatives volumes high record levels last month as Bitcoin rose to $12,000 and the broader crypto market saw massive gains, according to a report cited by Coindesk. Derivatives Hit Record Volume Data compiled by on-chain analytics firm CryptoCompare showed crypto derivative volumes rose 54% to more than $710 billion in August, the firm said

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