CME Introduces 24/7 Crypto Trading to Minimize Weekend Price Fluctuations

The Chicago Mercantile Exchange (CME) has introduced 24/7 cryptocurrency trading, which is expected to minimize price fluctuations due to weekends and holidays.

Until now, Bitcoin prices have experienced a weekend gap, where prices drop on Mondays after a weekend of relatively stable or rising values. This phenomenon occurs because there are fewer buyers and sellers during the weekend, leading to a decrease in market liquidity.

The CME's move aims to address this issue by providing continuous trading hours for cryptocurrencies. However, it may also shift market attention towards Mondays, as traders will now be more focused on Monday's opening prices.