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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.