Bitcoin Futures

Following the announcement, the flagship cryptocurrency Bitcoin reclaimed the $99,400 level, just 600 points shy of the $100,000 mark

Market analysts suggest that the recent movements in the crypto market reflect a mix of resilience and caution. Investors should keep an eye on US jobless claims and GDP data due later today

Bitcoin, meanwhile, has gained 164 per cent in the last one year - from a level of around $37,000 to nearly $98,300 now. This is despite the cryptocurrency halving in April 2024.

In the futures market, bitcoin one-month futures on Cboe Global Markets were halted due to the steep price drop

Two weeks ago, the CFTC enabled a watershed for bitcoin by announcing that CME Group and Cboe Global Markets would start offering bitcoin derivatives