Cryptocurrency
Bullish For Crypto: CME Bitcoin Futures Open Interest Growth On Pace To Rival BitMEX
As reported on NewsBTC, “Bitcoin is maturing as an asset. After years of hope from the crypto community, institutional investors are finally taking notice. “Adding credence to this growing trend, CME Bitcoin Futures’ open interest is ‘fast approaching’ that of the long-time crypto industry leader, BitMEX. “At the start of 2020, Bitcoin and the rest of […]
As reported on NewsBTC, “Bitcoin is maturing as an asset. After years of hope from the crypto community, institutional investors are finally taking notice.
“Adding credence to this growing trend, CME Bitcoin Futures’ open interest is ‘fast approaching’ that of the long-time crypto industry leader, BitMEX.
“At the start of 2020, Bitcoin and the rest of the cryptocurrency asset class went on massive rallies. The first-ever cryptocurrency exploded above $10,000 but was unable to hold the key level as support.
“On the way down, the world caught wind of the unprecedented pandemic we were all about to face, and all financial markets collapsed under the pressure of widespread panic…”