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Bitcoin Futures Insurance Against 8,000 US Dollars Hit the Lowest Point Within Three-month

Abstract : The world's largest futures exchange, the United States CME Group (CME)’s bitcoin futures main contract fell for the fifth consecutive day, closing below 8,000 dollars at the lowest point since June 11 this year.

ChainDD
ChainDD

Sep 30

On Friday, 27th, US time, the world's largest futures exchange, the United States CME Group (CME)’s bitcoin futures main contract fell for the fifth consecutive day, closing below 8,000 dollars at the lowest point since June 11 this year.

The previous three consecutive days have hit a new low since the beginning of June. This week is the third week of the consecutive decline.

The highest-volume CME bitcoin futures BTC September contract closed down 1.7% on Friday at $800.46.

On Thursday, it closed down nearly 2.5% at $8,145, and closed down 2.13 %, 0.8% and 1.86% for this week, last week and the week before last week respectively. BTC's October and November contracts both fell below $8,100, and December contracts closed below $8,200. All term contracts fell between $141 and $155 on Friday.

According to ChainDD, the spot prices of bitcoin on most cryptocurrency exchanges such as Huobi are slightly lower than $8,200 and has risen nearly 1% in the last 24 hours.

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