Crypto prices rebound as Asian tech stocks rally; futures volume jumps 19% to $190B
- —Bitcoin up 0.6% since UTC midnight, one-week high near $83,500
- —Futures volume $190B (+19%), liquidations $284M (+76%)
- —Zcash up 11% in 24 hours ahead of November NU7 upgrade
- —NEAR up 6% on proposal to cut annual emission from 2.5% to 1.6%
Why it matters: Rising futures volume and open interest at $145 billion signal returning risk appetite, but implied volatility below 40% suggests the rally lacks conviction.
Source: The Cryptonomist (IT)