#CMEBitcoinSpotTrading #Bitcoin
Bitcoin in Focus As CME Reportedly Plans to Offer
Spot Trading in the Cryptocurrency.
Key Takeaways
. Under the proposal plan, CME would run the spot trading business through the EBS currency trading venue in Switzerland, a platform that has specific regulations related to trading and storage of crypto assets.
. A move higher from current levels could see Bitcoin make another attempt at its $73,835.57 all-time high, while a failure to hold above the 50 day moving average could see the price fall to longer -term support around $52,500.
