Given CBOE was first to officially debut Bitcoin futures on huge level in U.S.A, traders hope that an approval will bring in fresh wave of fund flow boosting the price action in broad market. With news driven momentum providing some level of support to crypto bulls in broad market, Bitcoin and major legacy pairs have taken positive price action. But it remains to be seen if this will grow up to be an event providing fundamental support or is it yet another attempt of dead cat bounce. As of writing this article BTC/USD pair is trading at $3456.7 up by 0.85% on the day. Bitcoin is currently trading well within range despite price action hinting at bullish bias in broad market.
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