Markets Update: Bitcoin’s Value Climbs After Cboe Opens XBT Trading

in markets-update •  7 years ago 

This is increasing the cost of bitcoin since the recent inauguration of CTO's future markets. Spot Price of BTC COE had a good 3% decrease one hour before the trading session on Sunday evening, but the volume quickly went up at 6 o'clock on ET when the futures trading started. Bitcoin is currently moving around the $ 15,700 to 15,950 ranges on the Bitstamp, and COBE's Bitcoin futures market is going wild.

This COBE market contract started from $ 15,000, and their time expired on 8 January. The firm's bitcoin futures rose 15 percent to a high of $ 18,300 in the press time. So far, a few thousand contracts have been traded on CGE derivative exchanges.
Bitcoin’s Price Kicked Into High Gear At the Start of Cboe’s Opening Trading Sessions

In addition, according to the Wall Street Journal a COEE spokesman said that the trade was closed for 2 minutes because of volatile price swings. If the price increases during a massive swing, then it can stop exchange trading. In addition, COBE's website and XBT futures charts are suffering from severe traffic, and the site was unavailable for some time. COBE's website states
Cboe’s January Contracts Reach a High of $18,280

This can be found on www.cboe.com due to heavy traffic on our website that it is performing normally slow and sometimes temporarily unavailable. This is the quantity of global trade volume through bitcoin, which is more than the average of BTC swaps of US $ 14.6 billion in the past 24 hours.
Bitcoin Markets See Massive Volume and High Energy

These Japanese yen are still raising the market share to 42 percent, but the US dollar has seen an increase of 29 percent. According to the currency, compare the Euro figures according to the volume, gene, tether (USDD) and crypto compared to the dollar. Bitstamp is currently dominating the top five exchanges, followed by BitFinEx, GDX, Bitflyer and Coinone.

source - https://news.bitcoin.com/markets-update-bitcoins-value-climbs-after-cboe-opens-xbt-trading/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!