Bitcoin futures increase to 93% this quarter, according to CME Group



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<p>  According to one of the most recognized financial markets houses in the world, the CME group, future contracts of the king of cryptocurrency, Bitcoin, would have grown vertiginously (up to To 93%) over the last 4 months </p>
<p>  Through their official account <a href= Twitter they announced that interest on future contracts would have reached up to 2400 contracts, which would represent 58% more than in the previous quarter of this year.

In addition, the entity reported that the daily volume of contracts in the second quarter of the year would have reached 4.2 million , 13% more than what was seen in the same period the year before.

In addition to Bitcoin and various goods, the CME would treat the Bitcoin Reference Rate (BRR), a price index benchmark based on the average value of BTC in the markets In this sense, we can appreciate the steep growth of the futures markets in this entity since their entry into the market. at the end of 2017. On the other hand, the Chicago Board Exchange Options (CBOE) establishes that the contracts for future contracts would have increased by 36% over the previous quarter.

In this way, we can see that Bitcoin is included in the financial markets already legitimized in the eyes of the public, could have a very positive effect on the price of the BTC token. A good example of this would be the 10% increase that the token experienced on June 29, when future FMC contracts were liquidated.

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