CME Announces Record Volume for Bitcoin Futures as BTC Price Clears $8k10

The CME group recently announced its highest ever recorded Bitcoin (BTC) futures trading volume amid a growing wave of optimism that the underlying asset is firmly in another bull market. Bitcoin is up more than 120 percent since the beginning of 2019 and is currently trading at its highest price level since the middle of 2018.

Most of the gains recorded so far have come in April and May as the top-ranked cryptocurrency looks to recover from its 80 percent peak-to-trough decline in the 2018 cryptocurrency bear market.

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