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Kevin Susanto highlights ongoing developments in the perpetual contracts space, noting that interest in perps is strong. FastX, an exchange platform, has launched FASTX-PERP, and to mark the launch, is introducing the FastX Top 20 Points Race, a competition aimed at engaging traders.
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Susanto recently reported that Bitcoin fell to a two-year low of $58,000 before recovering 10% within four days, according to his weekly market recap. He also covered a period of declining crypto market activity, noting several exchange shutdowns and momentum shifts in Ethereum, as detailed in previous coverage. These observations provide further context to the continued investor focus on perpetual contracts and trading competition initiatives.