LinChen: The futures premium of BTC and ETH on CME reached 1.5%, close to the bull market level in March 2021
Lin Chen, the head of Deribit Asia-Pacific business, tweeted that the futures premium for BTC and ETH on CME has reached about 1.5%, which is close to the market situation during the bull market period in March 2021. The market is voting with its feet to show how certain it is about the approval of spot ETFs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Market Turmoil Hits Pi Network: Investors Face Uncertain Future
In Brief Pi Network's value has sharply declined, alarming many within the community. Experts predict a potential price drop of Pi Coin to $0.1 if trends continue. Investor confidence remains shaky due to regulatory and technical uncertainties.
1 in every 5 Americans hold Crypto: Ripple CLO
Ethereum MVRV Ratio Approaches Danger Zone – What’s Next for ETH?
XRP and ETH Show Promising Pump Signals, ETH Aims for $4,000 and XRP Aims for $17
Trending news
MoreCrypto prices
More
