Bitcoin Futures Leap Above $8000 Slightly from Ten-Month Highest Again with 13% Weekly Surge

[ChainDD report] May 25 (ChainDD On May 24 EST, the most active Bitcoin futures contracts of two major U.S. futures exchanges ended a two-secession slide with more than 3% rise, and approached $8100, the second time breaking through $8000 this week and the third time this month, just shy of the highest close in nearly ten month.

As of May 24, the futures contracts recorded 13% in a week, over 11% weekly surge in a row of four weeks.

July-delivered Bitcoin futures BTC at CME Group, the largest futures exchange in the world, rose more than 3.5% to $8095, climbing about 12.7% this week.

June-delivered Bitcoin futures XBT at Cboe, the largest option exchange in U.S., advanced nearly 3.7% to $8130, with a weekly surge about 13.7% as of May 24.

According to ChainDD’s market tracking indicators, Bitcoin spot price on Binance lingered around $8000, rising more than 2.3% over the past 24 hours.


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