Discover the impact of Trump's announcement on Bitcoin futures trading on the Chicago Stock Exchange. Learn about the significant gaps and market trends.
Following Donald Trump’s strategic announcement on digital currency on March 2nd, the Chicago Stock Exchange (CME) recorded the largest gap in Bitcoin futures trading. Over $300 billion was added to spot markets, creating a $10,000 gap in CME Bitcoin futures trading. This record surpassed the previous $4,000 gap in August 2024. Bitcoin surged from around $85,000 to nearly $95,000. Analysts noted two CME gaps were filled in a week, but a new gap between $84,650 and $94,000 was created. CME futures gaps refer to the price difference between closing Bitcoin futures trades on Friday and reopening on Monday night, often acting as future support or resistance levels. Meanwhile, Bitcoin dominance decreased from 55.4% to below 50%.
