CME Bitcoin Futures Surge Over 14% Amid Smooth Trading Session

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Nov 11, 2024

In the final trading hours of the New York session, the CME Bitcoin Futures (BTC, Financial) primary contract recorded a significant increase, closing at $88,745.00. This marked a 14.72% rise from the previous session's close, with prices moving smoothly upward throughout the day. Trading was confined within the $80,670.00 to $89,140.00 range.

Similarly, CME Ethereum Futures (DCR) saw an impressive gain, finishing at $3,364.50, which is up 13.28% from the last closing price. The futures traded between $31,320.50 and $3,408.50. Notably, the price broke through the earlier narrow trading band around the $3,200 mark and climbed significantly higher.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.