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Stock impact report

CryptoWatch: Bitcoin futures settle slightly lower, while ‘altcoins’ surged in investing mania [MarketWatch]

CME Group Inc. - Class A (CME) 
Last cme group inc. - class a earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
Company Research Source: MarketWatch
Bitcoin futures settle slightly lower, while ‘altcoins’ surged in investing mania U.S. bitcoin futures settled slightly lower on Tuesday in the second full day of trading for the No.1 digital currency, while the price of rival cryptocurrencies soared to records amid a fervor for virtual assets. Bitcoin futures expiring in January XBTF8, +0.39% settled at $18,020, down 2.8% from the prior day’s settlement at $18,545, according to Cboe Global Market Inc.’s exchange . Spot prices of bitcoin BTCUSD, -0.46% late Tuesday were trading at $17,426, representing a gain for the day of about 4.4%, according to CoinDesk . Many investors have noted the disparity in values between the spot price of bitcoin on various exchanges and its futures premium, with expectations that that gap will narrow as futures trading matures. “A wave of short sellers hasn’t hit the market, and we see firmer bitcoin futures and a new all-time high in the bitcoin price,” said Chris Weston, chief market strategist at Show less Read more
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