CME Bitcoin Futures Sets a Gap Record of More than $10,000

Reprinted from panewslab
03/03/2025·2MPANews March 3 news, according to Cointelegraph, the Chicago Mercantile Exchange (CME) recorded the largest Bitcoin futures gap ever after US President Trump announced his strategic cryptocurrency reserves. According to TradingView, the news added more than $300 billion in trading volume to the spot market and caused a $10,000 gap in CME Bitcoin futures. The record gap surpassed the previous record of just above $4,000 in August 2024, which Asymmetric founder Joe McCann observed on March 2.
"Bitcoin has filled the CME gap between $92,800 and $94,000 formed when the spot market plummeted last week," analyst Rekt Capital noted. He added that Bitcoin successfully filled two CME gaps in a week, but also created a completely new huge gap in the process, ranging from $84,650 to $94,000.