In the past month, European business hours became extremely active for bitcoin futures trading on BitMEX futures.
European Traders Pick Up the Slack on BitMEX
New data shows European bitcoin traders became active in the past month, making up the bulk of volumes on the BitMEX XBT/USD perpetual contract.
European hours have been the most active in the last month.
Here hourly volumes in UTC time for BitMEX's XBTUSD contract
Morning you get Asia + Europe and afternoon Europe + US. Will be hard to disrupt time zones! pic.twitter.com/gbhAJ7XrSE
— skew (@skewdotcom) December 15, 2019
Activity is still relatively lower in comparison to peak trading periods. But Europe has stood out as one of the hotter crypto spaces in the past year. More favorable banking services, as well as growing wealth and a tech sector, have grown European…