CME dictates the price in the cryptocurrency market ?
This is the CME Futures Price Chart. It turns out that it dictates the price market. September 27th will be the expiration of 6-month contracts that started at a price of $ 5000. It is likely that before the end of the week, go to all exchanges at 7300-7700. Two red circles on the chart are the opening of 2-month and monthly contracts on CME. With the help of “good” news about Bakkt and the promise of big money coming to the market, traders were lured into the long position for the past few months.