Crypto perpetuals predict the direction of Wall Street’s Monday open with 89% accuracy, data shows

Over half (57%) of Monday market opens is s already reflected in crypto markets' perpetual futures products. What to know : Weekend price moves in crypto-based perpetual futures correctly predict the direction of Monday’s opening in traditional futures 89% of the time. Over half (57%) of the expected price move is already reflected in crypto markets, the median “capture ratio," before traditional exchanges reopen. Rising trading volume, which has grown to average 38% of weekday levels, points to a structural shift toward 24/7 price discovery.(Coindesk)