Saturday , May 15 2021

The Bitcoin Futures Group of CMEs reported a record volume of trading on April 4th



The main market for derivatives in the United States, the CME Group, said its Bitcoin futures (BTC) recorded a record volume of trading on April 4, according to make fun of.

According to that tweet, the amount of its Bitcoin futures reached a record of more than 22,500 contracts on April 4, equivalent to approximately 112,700 BTCs. The previous record was reached on February 19th, and according to reports, there were more than 18,300 contracts, equivalent to 64,300 BTCs.

You may be interested: Co-founder Fundstrat Global Advisors, Thomas Lee: Bitcoin Returns to Upward Trend

CME Bitcoin Futures Cumulative Volume April 4, 2019

The accumulated volume of Bitcoin's future CME, April 4, 2019 CME Group

Bitcoin futures of CME, according to a site devoted to frequent issues, was launched on December 17, 2017 and started trading the next day.

Bitcoin received more than 27% from Tuesday to Wednesday this week, and co-founder Fundstrat Global Advisors Thomas Lee said Bitcoin is currently on the bull market since it now exceeded the 200-day moving average.

Do not stop reading: Terry Duffy, CEO of CME Group: Bitcoin deficit is a problem for regulators

Last month, he also learned that crypto currency exchange contracts and UK-based exchange service providers after buying Kraken recorded growth of their volumes by more than 500%.

As Cointelegraph reported in March, the CME Group for Business Insider said the final amount of Bitcoin is a challenge for regulators.

You may be interested: CFTC: We work "worthwhile" in all cryptocurrency applications, including those from Bakkto

In March, Commodity Futures Trading Commission (CFTC) commissioner found that the US regulator is actively working on approving several crypt applications, including the Bitcoin futures trading platform. institutional negotiations Bakkt.


Source link