Bitcoin markets experienced a sudden whirlwind when President Trump unexpectedly announced a strategic crypto reserve. It ignited a frenzy that starkly highlighted the dominance of perpetual futures over quarterly ones, as traders rushed to catch the waves of volatility. On one extraordinary day, Binance alone saw an astonishing $42 billion in BTC perpetual contract volume. But what was the unsparing catalyst that led to a record-smashing trade count and open interest surge? Discover the turning point that reshaped trading tactics across top exchanges.
Bitcoin’s volatility drives record volumes for perpetual futures Bitcoin’s volatility drives record volumes for perpetual futures
Record perpetual futures activity outpaces fixed-expiry contracts as volatility spikes after Trumpâs crypto announcement.
3 min read
Updated: Mar. 5, 2025 at 12:30 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
In this article
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Binance
Binance is a global leader in the blockchain ecosystem and cryptocurrency infrastructure, offering a comprehensive suite of services, including the worldâs largest digital asset exchange by trading volume.
CME Group
CME Group is a global markets company empowering participants to efficiently manage risk and capture opportunities in every major asset class..
OKX
OKX is a world-leading digital asset exchange, providing advanced financial services to global traders by using blockchain technology.
Bybit
Bybit is a cryptocurrency derivative trading platform established in March 2018 and registered in the BVI.
Bitget
Bitget is a Seychelles-based cryptocurrency exchange platform established in 2018 that provides services for trading various digital assets.
Donald John Trump, born on June 14, 1946, in Queens, New York City, is a prominent American politician, businessman, and media personality.
