Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin: Price Analysis, December 16
Bitcoin futures trading volume in its first week was only a fraction of cash Bitcoin transactions. Futures volume has been abysmal at $60 mln per day, compared to the cash transactions of $8.5 bln each day.
However, come Sunday, the CME will start Bitcoin futures trading. Additionally, large brokerage houses are likely to follow suit and allow their clients to trade in Bitcoin futures. If this happens, we are likely to see the futures volume pick up.
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