When it comes to crypto and lightning fast growth, it’s usually something that happened over the course of a few months or years. Very rarely can we see something like the reported soar of the trading volume of the bitcoin futures on the Intercontinental Exchange’s (ICE) Bakkt platform.

The 8th of October showed surprisingly low results. However, the next day, according to the tracking data by the Twitter account Bakkt Volume Bot (@BakktBot), there were 224 contracts, which is 796% more than the previous day.

This is not a case of company boasting or fake statistics, since the BakktBot is not affiliated with Bakkt. The recorded 224 contracts are also an all-time high for the platform itself.

The bitcoin futures contracts had an incredible day

According to additional data from the bot, the daily traded volumes of Bakkt’s bitcoin monthly futures contracts soared from 25 to 224 in 24 hours.

This was of course noticed by many investors and had a very positive effect on bitcoin’s price. The price rapidly jumped from $8.2K to nearly $8.6K in a matter of hours.





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Bitcoin Futures On The Bakkt Platform Soar 796% In One Day |
Bitcoin Futures On The Bakkt Platform Soar 796% In One Day |
Bitcoin Futures On The Bakkt Platform Soar 796% In One Day |
Bitcoin Futures On The Bakkt Platform Soar 796% In One Day |

Bitcoin Futures On The Bakkt Platform Soar 796% In One Day |

Bitcoin Futures On The Bakkt Platform Soar 796% In One Day |