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CME Bitcoin futures see $10,000 gap after Trump announces strategic cryptocurrency reserve
According to PANews, the Chicago Mercantile Exchange (CME) recorded the largest Bitcoin futures gap in history after US President Trump announced a strategic reserve of cryptocurrency.
The news added more than $300 billion in volume to the spot market and caused a $10,000 gap in CME Bitcoin futures, according to TradingView data.
The record gap surpasses the previous record of just over $4,000 in August 2024, a phenomenon observed by Asymmetric founder Joe McCann on March 2.
Analyst Rekt Capital noted that Bitcoin has filled the CME gap between $92,800 and $94,000 that formed when the spot market plummeted last week.
The news added more than $300 billion in volume to the spot market and caused a $10,000 gap in CME Bitcoin futures, according to TradingView data.
The record gap surpasses the previous record of just over $4,000 in August 2024, a phenomenon observed by Asymmetric founder Joe McCann on March 2.
Analyst Rekt Capital noted that Bitcoin has filled the CME gap between $92,800 and $94,000 that formed when the spot market plummeted last week.
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