Bitcoin has started the day in green. At press time, the largest cryptocurrency by market cap is trading at $8,521.20 (+4.8%).
Chart of the USD/BTC trading pair from EXANTE
For its part, Ethereum has grown to $149.25 (+3.7%), while XRP has increased by 2.14% and is now trading at $0.217.
According to CoinMarketCap’s ranking, 9 currencies on the top 10 are in green.
Chicago Mercantile Exchange Group (CME Group) has recently launched its Bitcoin options. As a result, CME has just become a direct competitor to derivatives platform Bakkt, which launched its BTC options trading service on December 9.
The underlying asset for CME's new investment instrument is the Bitcoin futures contract the exchange launched in 2017. One contract represents five Bitcoins and is subject to centralized clearing on the trading platform, avoiding this way any counterparty risk. In order to calculate the price of Bitcoin, CME relies on data from several crypto trading platforms.
The BTC dominance index has grown from yesterday’s 68.1% to 68.2%.
As for the market cap of all currencies listed in CoinMarketCap, it stays at $226,860,319,093.
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