Guavy AI Editorial TeamSentiment: 2Clout: 82

CME Launches 24/7 Trading for Bitcoin Futures and Options

The CME Group has made a significant announcement in the cryptocurrency market. As of this Friday, Bitcoin futures and options trading will be available 24/7 on the Globex platform, with only a brief maintenance pause every Sunday evening.

This change marks the end of the 'CME gap,' a phenomenon where price movements were interrupted by weekend closures, causing notable price discrepancies when markets reopened. The CME gap was particularly popular among traders who used it as a signal to predict potential price revisits to previous closing prices.