The market for derivatives and options of Bitcoin and other alternative cryptocurrencies is witnessing increasing interest from traders, which made its trading volume rise to high levels in the past months, but it seems that it has begun to decline from what it was in the past.

Bitcoin futures trading volume dropped to a new yearly low, According For data from the Skew platform specialized in analyzing and monitoring the crypto market.

On June 13, the volume of Bitcoin futures trading fell below $5 billion.

76% of these transactions related to Bitcoin futures trading were for exchanges Binance, OKEx, and Huobi, worth $1.1 billion, $1.3 billion, and $1.4 billion, respectively.

Read:After its price exceeded $ 15,000 … Is Bitcoin a bubble?

Coinciding with the decline in the volume of Bitcoin futures trading, the volume of active positions in the futures market has also recently fallen to $4 billion, a level not reached since the crypto market crash in mid-March.

On the other hand, positively the open interest in bitcoin options continues as new numbers have been reached, as the number has now reached over $1.5 billion.

At the same time, interest in Ethereum options continues on the last Deribit platform that provides trading options for Bitcoin and other cryptocurrencies, as the barrier of 150 million dollars was crossed for the first time last week, and it should be noted that the record previously recorded (recorded a month ago) It was much less.

Read:The Cardano project reveals the details of developing a revolutionary chip that allows the use of crypto in payments

Read also:

Do you want to trade in bitcoin and cryptocurrency? Don’t forget to manage risk

Cryptocurrency trading platforms will record an increasing growth in 2020