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Trading Activity In BTC Futures On CME Drops To 3-Month Low

The trading activity in BTC futures listed on the Chicago Mercantile Exchange (CME) dropped to a 3-month low as we are reading more in the upcoming BTC news. The daily trading activity in BTC dropped to $87 million and hit the lowest level since April 17 when the exchange-traded contracts were worth $77 million according to the data from derivatives research platform Skew. The volume topped out at $914 million on May 11 as Bitcoin underwent its third miner reward halving and was in a declining trend ever since. The halving was expected to put a strong bid under the…

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