CME Bitcoin futures open inter

bitcoin futures HIGH OPEN 2024-03-11 36
For the first time ever, the nominal open interest of CME Bitcoin futures has soared past the 10 billion US dollar mark, marking a significant milestone for the cryptocurrency market. This staggering figure is more than double the peak value of 5.2 billion US dollars seen during the bullish market period in 2021, and it even surpasses the market value of several top 25 cryptocurrencies, including Litecoin and Bitcoin Cash. This accomplishment reflects the growing prominence and influence of Bitcoin in the financial world, solidifying its position as a major player in the global economy.