Bitcoin Futures Market Shows Signs of Recovery Amid Spot Weakness

The Bitcoin spot market remains sluggish, but the futures market is showing signs of recovery, according to blockchain analytics firm Glassnode.

Sports trading volume has fallen below $4.5 billion, indicating weakening liquidity and reduced investor participation.

In contrast, Bitcoin futures open interest has climbed to $32 billion, suggesting that traders are willing to take on risk.

The perpetual contract cumulative volume delta (CVD) has rebounded to $123.2 million, with net buying dominance beginning to outpace selling pressure.