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Largest ever CME gap has just printed in Bitcoin futures
A gap of more than $10,000 has opened up on CME Bitcoin futures following the massive market move over the weekend.
The Chicago Mercantile Exchange has recorded its largest-ever Bitcoin futures gap following US President Donald Trump’s announcement of a crypto strategic reserve on March 2.
More than $300 billion was added to spot markets after the announcement, opening a $10,000 CME Bitcoin futures gap, according to TradingView.
This record gap eclipses the previous record of just over $4,000 in August 2024, observed Asymmetric founder Joe McCann on March 2.
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Author: Martin Young