CME Group report predicts Bitcoin’s 93% Trade Up! – Bitcoints


Published on July 22nd, 2018 | by bitcoin


CME Group report predicts Bitcoin’s 93% Trade Up!

CME Group report predicts Bitcoin’s 93% Trade Up!A recent tweet from CME Group, one of the first companies to offer bitcoin futures trading, reports that average daily trading volumes are up 93% and open interest surpassed 2,400 contracts, a 58% increase.
There have been mixed opinions about the success of bitcoin-based futures options since their inception in December 2017, when Cboe Global and CME Group were both authorized to offer the investment products.
Despite the performance of cryptocurrency markets overall, bitcoin-based futures trading has seen increased interest and liquidity.
CME Group Reports Growth
Yesterday, CME Group tweeted its Q1 and Q2 comparison, showing a healthy increase in Q2 compared to Q1, 2018.
Images courtesy of Shutterstock
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