Hegic, Loopring, and FTX Token surge higher as Bitcoin price recovers

Cointelegraph

Published Jan 05, 2021 03:38PM ET

Updated Jan 05, 2021 05:20PM ET

Bitcoin price may have taken a temporary breather but the sharp correction below $30,000 did little to dismay the bullish sentiment of crypto market participants.

The CME Bitcoin futures market reached an all-time high volume at $2.7 billion on Jan. 4 and the same day, LMAX Digital also achieved a record-high at $2.62 billion in traded volume. This huge surge in trading activity suggests institutional investors are continuing to invest in Bitcoin (BTC).

Crypto market data daily view. Source: Coin360
LRC/USDT daily chart. Source: TradingView
HEGIC/USDT daily chart. Source: TradingView
FTT/USD daily chart. Source: TradingView

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