{"id":387196,"date":"2019-06-23T21:00:47","date_gmt":"2019-06-23T21:00:47","guid":{"rendered":"https:\/\/uniquehot.com\/?p=387196"},"modified":"2024-06-11T13:44:32","modified_gmt":"2024-06-11T13:44:32","slug":"fomo-bitcoin-exchange-bitmex-saw-biggest-session-ever-when-btc-broke-10000","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/fomo-bitcoin-exchange-bitmex-saw-biggest-session-ever-when-btc-broke-10000\/","title":{"rendered":"FOMO? Bitcoin Exchange BitMEX Saw Biggest Session Ever When BTC Broke $10,000"},"content":{"rendered":"

As much as “FOMO” is a meme in the Bitcoin (BTC) community, the fear of missing out seems to be an entirely real phenomenon. It’s been just a day since the cryptocurrency rocketed past $10,000, and data is already revealing that more money (and investors) are already flooding into these markets, ready to throw their hat into the crypto ring.<\/p>\n

Related Reading: Bitcoin: Analysts Call $11,500 Top For Latest BTC Surge, Will it Happen?<\/a><\/h6>\n

This renewed interest is, in the eyes of some optimistic commentators, are a clear sign of new highs to come.<\/p>\n

Bitcoin Volumes Surge<\/strong><\/h2>\n

Markets are meant to be closed on Saturdays. Only from Monday to Friday is the stock market open, and many businesses too. But, Bitcoin is an entirely different ball game.<\/p>\n

Spotted first by analyst Joe McCann<\/a>, Saturday saw BitMEX register its highest volume day in its history \u2014 crazy. The pairs on the mercantile exchange, known for its offering of 100x leverage (1% move can liquidate your position), traded over $8 billion worth of value \u2014 accounting for 10% of all volumes registered on Coin Market Cap.<\/p>\n

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Congratulations bitcoin traders.<\/p>\n

We just put in the highest volume day in @BitMEXdotcom<\/a>'s history.<\/p>\n

On a Saturday.#btc<\/a> #bitcoin<\/a> #btcusd<\/a> pic.twitter.com\/nxcIbxg9zw<\/a><\/p>\n

— \u25e2 J\u25cee McCann \ud83e\uddca (@joemccann) June 23, 2019<\/a><\/p><\/blockquote>\n