October Sees Retail Investors Shifting Focus to Crypto Derivatives

In October, the cryptocurrency market saw a 13% increase in market capitalization, rising from $2 trillion to $2.3 trillion, driven by increased activity from retail investors.

These investors are focusing more on derivatives trading instead of spot trading, with demand for Bitcoin transactions under $10,000 growing by 13% after four months of declines.

The number of weekly active stablecoin addresses also reached a three-year high, indicating strong trading activity.

While daily spot trading volumes on centralized exchanges remained stable at $50 billion to $100 billion, derivatives trading surged, with Open Interest exceeding $260 billion, the highest in a year.

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However, investor Lark Davis noted a lack of significant interest in crypto-related searches, implying that retail investors may primarily be engaging in derivatives trading rather than broader market activities.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.