Binance June futures volume hits $1.6T, a new high for the year

Binance's futures trading volume in June reached approximately $1.63 trillion, marking a new high for the year, according to CryptoQuant analyst JA Maartun. He noted that while Bitcoin (BTC) continues to trade around the $60,000 level amid subdued market sentiment, trading in the futures market remains active. Maartun added that the resilience of Binance's futures volume, despite the implementation of the European Union's (EU) MiCA regulations and a seasonal off-season, signifies that trader demand for derivatives remains strong.