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Bitcoin [BTC] Futures: CME, Bakkt Log New Highs in Open Interest and Volume

Bitcoin [BTC] futures volume and open interest on institutional platforms like CME and Bakkt are at All-Time Highs. The surge began around 27th July with the 11.08% break-out above $11,000.   The monthly futures price in contango further confirms the bullish inclination of the large OI. Contango implies that the price of future month contracts is

Bitcoin [BTC] futures volume and open interest on institutional platforms like CME and Bakkt are at All-Time Highs. The surge began around 27th July with the 11.08% break-out above $11,000.   The monthly futures price in contango further confirms the bullish inclination of the large OI. Contango implies that the price of future month contracts is