CME-Listed Bitcoin (BTC), Ether (ETH) Futures Flash a Rare Bullish Signal

Omkar Godbole

A futures contract is a legal contract to buy or sell the underlying asset at a predetermined price at a specified future date, called the expiry date. Usually, futures markets are in contango, a term used to describe when the price of futures rises above spot, with further-out futures drawing higher than nearer-expiration futures. An increase in buying pressure often causes the contango to widen.

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