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.

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 interest in crypto trading.

In 2019, trading BTC positions also picked up ahead of “hodling” behavior, inviting a new type of speculative buyers. BitMEX remains one of the most active bitcoin markets,…

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