The CME Began the Trading of the Bitcoin Futures Contracts

The CME started the Bitcoin futures contracts on Sunday just one week after the Bitcoin began trading on CBOE.

Bitcoin CME futures hit $20,000 in opening trade but soon sellers pushed the price lower due to profit taking. 

After the Bitcoin futures opened above the $20,000 mark, it failed to sustain the buying frenzy.  In the spot market, however, bitcoin rose to a record of $19,891 yesterday before falling to a low of $18,200. 

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