Wall Street Assets Take Nearly A Quarter Of Crypto Perpetual Trading: Glassnode Report
Bullish strength: 35/100
- Traditional-asset perpetual volume surged to $778 billion in August, highlighting rapid expansion of cross-asset trading on crypto exchanges.
- Bitcoin's correlation with gold reached its highest level since data began in March 2018, potentially strengthening its role as a macro-sensitive asset.
Bearish strength: 65/100
- Crypto-asset perpetual trading volume fell 49% between November 2025 and August 2026.
- Traditional-asset perpetuals expanded to 23.5% of total perpetual volume, signaling a shift in trading activity away from crypto-native derivatives.
- Bitcoin fell to $80,000 and was down more than 2% over the past 24 hours, according to the article.
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