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bitcoin
Bitcoin (BTC) $ 97,391.09
ethereum
Ethereum (ETH) $ 3,289.80
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 618.24
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USDC (USDC) $ 0.998709
xrp
XRP (XRP) $ 1.42
binance-usd
BUSD (BUSD) $ 0.990372
dogecoin
Dogecoin (DOGE) $ 0.395147
cardano
Cardano (ADA) $ 0.894211
solana
Solana (SOL) $ 253.87
matic-network
Polygon (MATIC) $ 0.452225
polkadot
Polkadot (DOT) $ 6.11
tron
TRON (TRX) $ 0.197965
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    CME Crypto Choices Quantity Revival: Soars 24% in July After 4-Month Plunge

    Latest News

    Amid uncertainty in world monetary markets, the Chicago Mercantile Trade (CME), one of many world’s largest and most diversified derivatives markets, noticed a pointy restoration in cryptocurrency choices buying and selling volumes in July.

    The notable enhance was the primary after a interval of stagnation over the previous 4 months. Buying and selling exercise associated to cryptocurrency choices buying and selling elevated by 24% to a formidable $940 million, in line with evaluation supplied by famend information monitoring platform CCData.

    This enhance in buying and selling quantity has been seen throughout a number of digital belongings. For instance, bitcoin choices quantity rose 16.6 p.c to $734 million, reflecting market members’ rising curiosity within the digital foreign money.

    On the identical time, Ethereum, one other main participant within the cryptocurrency market, has seen a reasonably excessive progress fee in choices volumes. That determine jumped 60 p.c to a complete of $207 million.

    Opposite to the booming pattern in cryptocurrency choices buying and selling, the CME futures market is in a downtrend.

    Particularly, futures quantity fell 17.6% to $39.1 billion. The decline additionally affected whole derivatives buying and selling quantity, which incorporates futures and choices. In accordance with CCData, the determine fell by 17.0% to a complete of $40.1 billion.

    CCData’s report highlights that the enlargement of CME’s Bitcoin choices buying and selling quantity could also be a strategic transfer by institutional buyers.

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