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Shift to contango: Bitcoin futures premiums rise on CME

Quick Take Recent data analysis has shown a marked increase in the premium paid by traders for Bitcoin futures contracts on the Chicago Mercantile Exchange (CME). Following a downward trend from Jan. 22 to Jan. 25, which saw the Bitcoin futures contract consistently trading below the spot price, a phenomenon known as backwardation, a swift […]. The post Shift to contango: Bitcoin futures premiums rise on CME appeared first on CryptoSlate.
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