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

    By CDM Staff
    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.

    Image by CryptoWallet.com Images

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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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    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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