BlockScholes X Bybit Crypto Derivatives Analytics Report (July 19, 2024): Crypto Market Revives to Express Trump Trade
Jul 19, 2024
3 min read
AI Summary
Show More
Quickly grasp the article's content and gauge market sentiment in just 30 seconds!
Detailed Summary
Key Highlights:
Our weekly crypto derivatives analytics report dives into the current state of crypto, macro events and trading signals from Spot trading volume, futures, options and perpetual contracts.
The crypto market has seen significant movement over the past week, driven by political events. The increased likelihood of pro-crypto candidates winning has led to the market recouping most of the losses experienced during the June selloffs. In response, the crypto market has surged in open interest of futures and has seen a recovery in yields.