The latest rally of Bitcoin’s price has caused the volume of CME Bitcoin futures contracts to surge, trading upwards of $683 million. This marks an increase of around 950 percent since the beginning of the month. Leading derivatives marketplace CME Group has seen a massive increase in the number of Bitcoin Futures contracts, fueled by the latest price rally. Yesterday, April 4th, CME traded upwards of $563 million worth of Bitcoin futures contracts.
image via Shutterstock