CME Group has opened trading in bitcoin futures

The ice has broken - the Chicago Mercantile Exchange launched cryptocurrency futures trading on the night of 17 to 18 on December XNX, more precisely, it is about bitcoin. The maturity of the exchange contract is set for January, February and March of the following year.

CME Group has opened trading in bitcoin futures

Immediately after the start of trading on January contracts, the cryptocurrency dipped from $ 20 by two and a half thousand, however, having reached a minimum, Bitcoin futures strengthened and rose by $ 800. As for long-term contracts, there was no price reduction on the exchange. As for the number of signed contracts, the new market is still calm. In half a day of the Chicago Mercantile Exchange's operation, cryptocurrency futures were sold for 1000 contracts worth 666 BTC.

Experts note that after the opening of trading, the interest in short contracts of investors is caused by curiosity, who decided to “play” with the new currency and check stability. Considering the forecast for the value of bitcoin at $ 100 per coin by the end of 000, which was set by Jamie Dimon (head of JPMorgan Chase), interest in futures will grow if the exchange works correctly on short contracts.