CME Bitcoin Futures Open Interest Surpasses 215K as BTC Eyes $100K
Bitcoin has surged remarkably since Donald Trump won the US presidential election. The cryptocurrency has increased by $30,000, pushing its market cap close to an impressive $2 trillion. This surge highlights the growing interest and investment in Bitcoin amongst traders and investors. With the futures market on the CME (Chicago Mercantile Exchange) boasting over 215,000 open contracts, it’s clear that Bitcoin is entering a critical phase. Many are now speculating if Bitcoin will reach the coveted $100,000 mark in the near future. As more players enter this space, we can expect to see increased market volatility and dynamics affecting Bitcoin’s trajectory.
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