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Bitcoin options’ daily trading volume crosses $1 billion as bitcoin surges above $23,000

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Bitcoin options’ daily trading volume has crossed the $1 billion mark for the first time, as bitcoin surges past $23, 000.

Crypto exchange Deribit leads the bitcoin options market, followed by and OKEx, according to tracker Skew. Meanwhile, bitcoin is trading hands at around $23, 550 on Coinbase, according to TradingView.

Deribit CEO John Jansen told The Block that it is “quite a special day” as all metrics have hit new all-time high records for the exchange — total open interest, total turnover, and total options turnover.

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