Search results for CME gap
Crypto
Bitcoin sees first \'gapless Monday\' as CME 24-hour trading reshapes market
The CME gap, long used as a short-term trading signal in bitcoin futures, will no longer newly form after CME moved crypto futures and options to 24-hour trading from May 29. The change ends a structure in place since bitcoin futures launched in December 2017. Analysts said existing gaps remain on charts. CME said risk-management demand hit a record, with 2025 notional volume of $3 trillion in crypto futures and options.
Crypto
Bitcoin \'CME gap\' era fades as futures market moves to 24/7 trading
The Chicago Mercantile Exchange\'s bitcoin futures gap, long watched as a price variable, is set to effectively disappear after this week as CME Group moves to 24-hour, seven-day trading from May 30. The change makes weekend reopen price gaps harder to repeat. Analysts and traders are watching remaining unfilled gaps, including one just above $67,000, and tracking large trader positioning on Bitfinex for clues on short-term direction.
Crypto
Bitcoin slips to $79,000 range as U.S. PPI fears weigh
Bitcoin retreated to the $75,000 range after a shock from the U.S. producer price index (PPI) data. Cointelegraph reported that the price fell sharply after the April PPI release. Stronger-than-expected CPI and PPI readings increased pressure on risk assets, and the U.S. Labor Statistics Bureau said April PPI posted its biggest rise since March 2022. Markets also watched the Middle East war, oil prices and fading expectations for rate cuts.
