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Author Topic: CME Report: New record high reaches this June, with 26,555 BTC  (Read 131 times)
Baofeng (OP)
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June 20, 2019, 08:22:13 AM
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https://twitter.com/CMEGroup/status/1141015074062110721/

As per CME's Bitcoin Future contract, its reaches a new all time high last June 17. It only means that institutional money is really heating up and pouring on the market significantly. This is really huge step, I mean compare it to last year it's almost 80% growth.

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June 20, 2019, 09:26:34 AM
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Well everything is falling into pieces, there are a lot of good news around, that's why the market suddenly climb up to $9k so obviously there is a lot of interest coming from institutions themselves.

I'm also under impression that institutional money has been flowing even before we make it to the bearish zone, it is just now that is it more pronounced because lots of reports just like this one has popping out. So let's see CBoE though, I'm sure they have been pump as well.
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