Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
BSB (BlockStreet) 24-hour volatility reaches 128.5%: Soaring driven by perpetual contract listings on multiple exchanges

BSB (BlockStreet) 24-hour volatility reaches 128.5%: Soaring driven by perpetual contract listings on multiple exchanges

Bitget PulseBitget Pulse2026/03/25 16:18
Show original
By:Bitget Pulse

Volatility Overview

In the past 24 hours, BSB's price rebounded from a low of $0.08035 to a high of $0.18356, currently quoted at $0.15497, with a fluctuation amplitude reaching 128.5%. Trading volume surged to $144.37 million, and the market cap stands at approximately $32.97 million, a significant increase from the previous day.

Brief Analysis of Abnormal Movement Causes

- Binance Futures launched perpetual contracts: On March 25th, Binance introduced the BSBUSDT perpetual contract (with up to 10x leverage), directly pushing the price up by 63% from $0.085 to $0.1388, and continuing to higher levels.

- Multiple exchanges followed: SuperEx launched BSB spot and index futures trading, while KuCoin and BloFin introduced BSBUSDT perpetual contracts, boosting liquidity and exposure.

- Trading volume explosion: In 24 hours, BSC chain DEXs (such as PancakeSwap) saw trading volume reach $383 million, accounting for over 98% of the total, resulting in intense volatility but accompanied by a net outflow of $156,900.

No records indicate large whale transactions or official announcements, only a response from the official X account regarding stablecoin policy changes.

Market Insights and Outlook

Community sentiment is 87% bullish (over 700 votes). Traders view high volume as an opportunity, focusing on the amplifying effect of contract leverage; however, mainstream discussions warn of short-term speculative pressure, capital outflows, and the risk of declining DEX activity. Caution is advised regarding potential pullbacks.

Note: This analysis is automatically generated by AI based on public data and on-chain monitoring and is for informational reference only.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Following the Drop but Not the Rise! Silver Trapped in Difficulties

The logic of AI and solar energy demand continues to play out, yet prices are falling against the trend—macroeconomic forces such as a strengthening US dollar and rising real interest rates have completely suppressed fundamentals. Speculative funds offloaded $1.6 billion in a single week, marking a yearly peak, while CTA net short positions reversed by $2.6 billion to the highest level this year. However, Goldman Sachs analysts believe that the extreme short positioning itself is building reversal momentum, highlighting an asymmetry; once macro headwinds subside, a retaliatory rebound could be easily triggered. After a similar shakeout last time, silver surged 15% in six weeks.

华尔街见闻•2026/10/10 02:21

The "Digital Metrics Game" Behind the Trillion-Dollar Valuation: OpenAI and Anthropic's Revenues Are Actually Incomparable

Anthropic counts "total revenue" in its cloud sales, while OpenAI only recognizes the "net revenue" based on profit-sharing. This discrepancy in accounting standards has directly triggered a decline in tech stocks. Even more striking, the highly touted "annualized revenue" is significantly inflated, with OpenAI's actual revenue expected to be only half of this figure. Anthropic's actual revenue also exhibits nearly a 50% gap compared to its reported numbers.

华尔街见闻•2026/10/10 01:41