News

Bitcoin futures trade near $20,000 in CME debut

CME Group starts trading as volumes remain thin for a similar contract started by Cboe a week ago

Bitcoin futures trade near $20,000 in CME debut

The price of bitcoin could be ready to move through a new record of $20,000 this week if the start of trading on the world’s biggest futures exchange is any indication, MarketWatch reports.

January futures opened at $20,650 at 6 pm eastern time on Sunday in their debut on the CME Group’s Chicago Mercantile Exchange CME. The level marked a session high, but an hour and a half later, it swung to a low $18,345. That contract since recovered some ground, trading at $19,360, with roughly 637 lots having traded hands.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line