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78,692.2 | BTCUSDT USDⓈ-Margined Perpetual Chart | Binance Futures

Reported by Binance
Sep 10, 2019· 2 min read
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Key Takeaways
  • • Bitcoin USD-margined perpetual futures on Binance Futures traded in a range between approximately $70,192.50 and $78,692.20 on September 10, 2019, reflecting intraday volatility in the BTC/USDT perpetual contract market.
  • • Binance Futures maintains its position as a leading cryptocurrency derivatives exchange, offering USD-margined perpetual contracts with deep liquidity and competitive fee structures for institutional and retail traders.
  • • The BTCUSDT perpetual contract serves as a primary vehicle for leveraged Bitcoin exposure, with multiple price points captured across trading sessions indicating active market participation and price discovery throughout the day.
Summary
On September 10, 2019, Bitcoin USD-margined perpetual futures trading on Binance Futures exhibited intraday price movement within a defined range, with recorded price levels spanning from $70,192.50 to $78,692.20 for the BTCUSDT perpetual contract. This price action reflects typical daily volatility in cryptocurrency derivatives markets during this period.

Binance Futures, identified as the world's leading cryptocurrency futures trading exchange, provided market participants with access to BTCUSDT perpetual contracts featuring deep liquidity and reduced fee structures. The perpetual contract format—which differs from traditional futures with defined expiration dates—allows traders to maintain leveraged Bitcoin positions indefinitely, subject to funding rate adjustments.

The wide intraday range observed in BTCUSDT perpetual pricing on this date underscores the active participation of market participants across multiple timeframes. Price levels including $78,253.47, $78,330.8, $78,188.4, and the high of $78,692.2 documented throughout the trading day suggest significant order flow and volatility typical of cryptocurrency spot and derivatives markets. These trading instruments remain accessible across multiple platforms including Binance Spot, Binance Futures, and alternative venues such as CoinDCX, providing institutional investors and hedge fund managers with multiple execution venues for Bitcoin exposure and hedging strategies.

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Sources

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Binance 78,692.2 | BTCUSDT USDⓈ-Margined Perpetual Chart | Binance Futures