After hitting a high of $19,918 on 1 December, Bitcoin has completely stagnated to consolidate between the ranges of $18k and $20k. Yesterday, a low of $17,610 was registered, but a quick bounce back above $18,000 was soon recorded on the charts. With respect to its price, CME’s derivatives market is now going through a period of disarray.
CME Open Interest flat since ATH
Source: Ecoinometrics
CME‘s Open Interest for its cash-settled Futures has completely flatlined since the 24th of…
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