There’s Something Very Strange Going On With Bitcoin Futures - News Summed Up

There’s Something Very Strange Going On With Bitcoin Futures


The bitcoin price is down almost half from its year-to-date highs, with the bitcoin and crypto market stuck on a downward trend for last six months. Now, researchers have recorded "unusual" moves in the bitcoin futures market, with premium rates rising even as bitcoin prices fall—suggesting the bitcoin price could be headed higher next year. The bitcoin price has struggled in the second half of this year but bitcoin bulls are upbeat about ... [+] next year's outlook. SOPA Images/LightRocket via Getty ImagesBetween November 29 and December 2, the premium on bitcoin futures increased over 30% while the bitcoin price dropped around 6%. There has been a sharp rise in the price of bitcoin futures contacts between now and March next ... [+] year, even as the bitcoin price falls.


Source: Forbes December 06, 2019 07:10 UTC



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