Bitcoin starts its first gapless CME week as the market searches for a new signal

BTC

BTC/USDT

$79,970.92

+0.31%

$79,970.92

+0.31%

(24s)

24h Volume

$6,227,747,253.15

24h H/L

$80,200.00 / $79,442.00

Change: $758.00 (0.95%)

Long/Short

52.8%

Long: 52.8%Short: 47.2%

Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,999.99

▲ 0.43%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$82,300.00

Price$79,999.99

Support 1$79,635.96

Support 2$76,187.99

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):67.1

CryptoSlate Editorial

(09:45 AM UTC)

1 min read

Reviewed byDavid Kim

0 comments

CME Group's cryptocurrency futures and options have been trading continuously since 4:00 p.m. CT on May 29, making this the first full trading week without the classic weekend CME gap.

Over the inaugural 48 hours, over 7,200 contracts changed hands, representing roughly $50 million in notional value, enough to confirm that institutional demand for weekend hedging is real.

However, the launch…