• Bitcoin CME Futures Hit $100K For Second Time In Week: Will BTC Spot Price Follow?

    November 29, 2024
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    Bitcoin CME futures pushed above the $100,000 market, but BTC’s spot price struggles to mirror the move.

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    On Nov. 29, Bitcoin futures on the Chicago Mercantile Exchange (CME) rose to $100,200 for the second time in seven days after initially hitting the milestone on Nov. 22.

    Bitcoin’s BTC$96,943 spot price has yet to reach $100,000, but the cryptocurrency shows promise as it briefly hit an intraday high at $98,600 before selling off.

    According to The Kobeissi Letter, Bitcoin futures open interest on CME surpassed 40,000 contracts, and prior to the Nov. 28 Thanksgiving holiday, CME Bitcoin futures volumes were at $12.3 billion...

    To read more visit CoinTelegraph.

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