Bitcoin futures open interest on the Chicago Mercantile Exchange (CME) has surpassed 215,000 Bitcoin for the first time ever. This milestone comes as Bitcoin prices continue to climb, with the cryptocurrency gaining $30,000 in value since Donald Trump won the U.S. presidential election. Bitcoin is now closing in on a remarkable $100,000 price point.
The increased interest in Bitcoin futures suggests growing confidence among traders regarding Bitcoin's price trajectory. This development also brings Bitcoin closer to achieving a $2 trillion market cap, solidifying its status as a major financial asset.
