CandleFocus

Retail Crypto Investors Pivot to Derivatives as Market Momentum Grows

Author: Content Editor
The crypto market experienced a resurgence in October, with market capitalization increasing by 13% to reach $2.3 trillion. Retail investors are driving this momentum, with a shift towards derivatives trading rather than spot trading on exchanges. Retail demand for Bitcoin grew by 13% over the past 30 days, following four consecutive months of negative growth. The number of active stablecoin addresses also reached a three-year high, indicating increased trading activity. Despite this, spot trading volume on centralized exchanges remained stable, while derivatives trading volume surged. The rise in retail on-chain activity suggests a pattern of lower risk aversion among small investors. However, Google trends indicate minimal retail interest in crypto, suggesting that retail investors are primarily focused on derivative trading rather than spot trading.

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