Markets· ★★· neutral·

Bitcoin and Ether Gain While Futures Volume Drops

  • —BTC gained 1.21% to $81,804.8; ETH rose 2.91% to $2,426.43
  • —BTC futures volume fell 7.69% to $68.65 billion
  • —ETH futures volume dropped 19.73% to $45.34 billion
  • —Gate ranked in the top three by BTC and ETH futures volume
Why it matters: Rising prices on shrinking futures volume suggest weak conviction behind the move and raise the risk of a pullback.
Source: TokenPost