When derivatives exchanges CBOE and CME launched the first regulated U.S. bitcoin futures contracts, many cryptocurrency bulls thought that this event would lead to a wave of institutional investment and propel the market toward even greater highs. Just days later, the yearlong bitcoin price rally stalled, and the flagship cryptocurrency — followed soon after by
The post Bitcoin Futures Helped Cryptocurrency Market Achieve ‘More Sustainable Level’: CFTC Chairman appeared first on CCN
This article is originally written and posted on https://www.ccn.com/bitcoin-futures-helped-cryptocurrency-market-achieve-more-sustainable-level-cftc-chairman/. Visit https://www.ccn.com/ today for all Crypto News and Information.