NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

Bitcoin Derivatives In The Driver’s Seat For $100,000 Rally, Data Shows

Keshav Verma
Keshav Verma
2 days ago
2 mins read
Bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

Data shows the Bitcoin derivatives trading volume has been higher than the spot one during BTC’s latest recovery rally beyond $100,000.

Bitcoin Trading Volume Ratio Has Declined Under The 1.0 Mark Recently

In a new post on X, CryptoQuant author Axel Adler Jr has talked about the trend in the Trading Volume Ratio for Bitcoin. The “Trading Volume Ratio” is an indicator that keeps track of the ratio between the amount of the asset becoming involved in trading on spot exchanges and that on derivatives ones.

When the value of this metric is greater than 1, it means the spot platforms are witnessing a higher amount of trading volume than the derivatives ones. On the other hand, it being under the threshold suggests the dominance of derivatives trading activity among the investors.

Related Reading

Bitcoin

Bitcoin Resistance Limited Beyond $100,000, On-Chain Data Suggests

3 days ago

Now, here is the chart shared by the analyst that shows the trend in the Bitcoin Trading Volume Ratio over the last couple of years:

Bitcoin Trading Volume Ratio
The value of the metric appears to have declined in recent days | Source: @AxelAdlerJr on X

As displayed in the above graph, the Bitcoin Trading Volume Ratio has been sitting under the 1 mark recently, suggesting volume on the derivatives platforms has been outpacing that on the spot ones.

This has maintained while the cryptocurrency has gone through its latest leg of the recovery rally, which has taken its price back above the $100,000 level. From the chart, it’s visible that the trend was different during last month’s rally.

This previous leg of the run was accompanied by a spike in the Trading Volume Ratio above the 1 level, an indication that spot trades were potentially the main fuel behind it.

Historically, sustainable price rallies have generally been of this kind; runs that are borne out of high speculative activity on the derivatives market tend to be unstable.

Given that the derivatives market has dominated in this rally so far, it’s possible that it could have trouble lasting. Though, it only remains to be seen how things would develop for Bitcoin.

In some other news, Ethereum is extremely undervalued compared to Bitcoin, as the on-chain analytics firm CryptoQuant has revealed in an X post.

Ethereum vs Bitcoin MVRV Ratio
The trend in the ratio between the ETH and BTC MVRV Ratios | Source: CryptoQuant on X

The indicator shared by the analytics firm is the ratio between the Ethereum and Bitcoin Market Value to Realized Value (MVRV) Ratios. The MVRV Ratio is a popular on-chain metric that basically keeps track of the profit-loss situation of the investors as a whole.

Related Reading

XRP

Only XRP Still In Profit Among Euphoric Buyers—BTC and SOL Deep In Losses

4 days ago

As is visible in the chart, the MVRV Ratio of ETH is very low compared to the one for BTC right now. “Historically, this led to Ethereum outperforming,” notes CryptoQuant. “However, supply pressure, weak demand, and flat activity could stall a rebound.”

BTC Price

Following a surge of nearly 3% in the last 24 hours, Bitcoin has managed to break above the $101,000 level.

Bitcoin Price Chart
BTC appears to have been enjoying bullish momentum recently | Source: BTCUSDT on TradingView
Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
Tweet123Share196ShareSend
Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin’s Quiet Coup: Wealth Funds Build Up Holdings

Sovereign wealth funds have begun to dabble in Bitcoin, but massive bets remain on hold. State‑owned funds won’t go big,...

Christian Encila 18 hours ago
Bitcoin

Are Bitcoin Bears Losing Out? $31 Million Wiped Out In BTC Shorts Liquidation

The Bitcoin price couldn’t sustain the bullish momentum after its ascent to the current all-time-high price of $108,786 in January,...

Opeyemi Sule 19 hours ago
Trump

3.5 Million TRUMP Tokens On The Move—Trump Team Makes A Big Play

Based on the latest analysis of Lookonchain, one wallet associated with the TRUMP token group sent a whopping 3.5 million TRUMP...

Christian Encila 1 day ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Price Targets Key Breakout

Bitcoin Price Breakout Brewing: Is a Massive Rally Just Getting Started?

Aayush Jindal 5 hours ago
XRP

New XRP Rally Incoming? Analyst Believes This Cycle Is Unique

Christian Encila 10 hours ago
Ethereum

Ethereum Surges Past $2,600: Popular Trader Says ETH Is Leaping Ahead Of Bitcoin

Opeyemi Sule 15 hours ago

Premium Sponsors

Top Brands

Press Releases

  • Analysts Forecast BTC Breakout to $150K – This Cloud...

    7 hours ago
  • Quickly start cloud mining and earn $87,134 per day with...

    14 hours ago
  • 2025’s Best Cloud Mining Sites for Bitcoin and Dogecoin...

    19 hours ago
  • The $150K BTC Forecast Is In – Don’t Just Watch...

    23 hours ago
  • BTC breaks through $100,000 and market value exceeds $2...

    1 day ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.
OSZAR »