Data show: as the premium rate rises, CME Bitcoin futures trading volume continues to hit record lows

According to AMBCrypto analysis, although the spot market has been pushing the price of bitcoin higher, short positions have not yet allowed this to happen. The futures market also lost momentum and the prices of open contracts fell. Data show that the bitcoin trading volume of the Chicago Mercantile Exchange (CME) has reached its lowest point in 2020, and the daily trading volume this week continues to show a downward trend. On March 4, the Chicago Mercantile Exchange traded just $ 89 million, the lowest level this year. The total value of open positions also fell to a level close to $ 200 million.