"Dragging Bitcoin into the futures market poses a risk of big players opening doors to short selling hell," said Naeem Aslam, chief market analyst at Think Markets UK. "Futures markets make it possible to short in decent size with a lot of liquidity, thus affecting the price discovery in the underlying asset market. "Demand for gold relative to supply has had centuries to reach an equilibrium," noted Alan Ruskin, a macro strategist at Deutsche Bank. "Bitcoin global demand is still finding its place relative to constrained/inelastic supply. U.S. crude was off 10 cents in early trade at $56.59.- Reuters

Source: The Star December 08, 2017 00:45 UTC