Summary
- It was reported that Bitcoin's spot-to-futures ratio has recorded its lowest point.
- This indicates that the dominance of the futures market over the spot market is increasing.
- As a result, Bitcoin's price is stabilizing, reducing the potential for volatility.
Bitcoin's spot-to-futures ratio has hit a record low.
On the 2nd (local time), a joint venture between Anhalt and Allemann Glassnode announced through X that "Bitcoin's spot-to-futures ratio has recorded its lowest point," and stated that "the dominance of the spot market over the futures market is decreasing." They further added that "such a change reduces the risk of significant volatility in Bitcoin's price."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
