Bitcoin Futures Open Interest on CME Exchange Hits $21.3 Billion as Market Cap Approaches $2 Trillion
The open interest for Bitcoin futures on the CME exchange has reached 218,000 BTC ($21.3 billion), while the cryptocurrency's market cap is nearing a historic $2 trillion. According to K33 research, the growth in CME is largely driven by active and direct participants. Bitcoin's market capitalization has increased by $30,000 since the U.S. presidential election at the beginning of November, bringing it closer to the $2 trillion mark.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Blockchain-based iGaming platform BoxBet completes funding round led by CMCC Global
Ethereum Price Set for Bullish Push: What’s Next?
Ethereum’s $4K Dream Fades as Ancient Whale Dumps Millions
MicroStrategy’s Debt-for-Bitcoin Strategy Faces Long-Term Viability Concerns