CME – CRYPTORY

ETH en route to overtake its 2018 ATH as Bitcoin breaks $37K

ETH broke above $1,200 for the first time in almost three years, extending its weekly gains to 62%.

Crypto derivatives showed enormous growth in 2020 as nearly $2 billion worth of BTC options expired on Christmas day.

The crypto space has notably matured over the last three years.

The price of Bitcoin has surpassed $23,000, and analysts predict where BTC is headed next after a significant rally.

$32,000 per Bitcoin seemed unreasonable in October, but the 950% spike in the January call option suggests some traders think it’s a possibility.

Bitcoin derivatives trading is on the rise as institutional investors flood the market.

Bitcoin price fell short of reaching $20,000, but record high open interest on BTC futures shows pros are still bullish.

Bitcoin bulls are aiming to close the overhead CME gap in order to create a path to $18,000.

Data shows Bitcoin spot volume reached a 2020 high as retail and institutional interest surged.

As ballots poured in on the night of the United States presidential election, traders piled in and out of positions on the CME.