Data: Bitcoin's present value index soars, rising to 23% in June 2020

Data analysis agency Skew analysis shows that despite the plunge in the price of bitcoin, the bitcoin derivatives market has performed well in the past week, with CME and Bakkt recording a large amount of trading activity. On November 28, the value of Bakkt's Bitcoin futures was $ 38.74 million. Due to the active trading in the futures market, the present value index of Bitcoin has soared, and the probability of exceeding 10,000 USD by June 2020 is 23%, compared with 15% last week.