Bitcoin Rises on Futures Expiry

Bitcoin Rises on Futures Expiry

Bitcoin has reached record volumes on Wall Street’s CME where $1.4 billion worth of 125,000 bitcoin contracts exchanged hands this Monday.

As of 5PM London time today, 60,000 bitcoins exchanged hands worth $700 million in trading volumes.

For the first time that we can recall, these volumes have been reached while bitcoin’s price has been rising even on the futures expiry day which was today at 4PM London time.


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