Big news in the world of Bitcoin! Bitcoin's price jumped a lot, creating a huge gap on the Chicago Mercantile Exchange (CME). This is like a big jump in the price of a video game character. The CME is where grown-ups buy and sell Bitcoin.
Think of it like this: Imagine you are playing a game. You buy a super rare item one day, and suddenly, the price skyrockets over the weekend while you are not playing. When you log back in, there is a big gap. That's what happened with Bitcoin.
This gap is the biggest ever seen at the CME and might get filled as Bitcoin’s price usually goes back to fill these gaps.
- Bitcoin's price jumped from around $85,000 to almost $95,000.
- This created a giant gap of $10,350 on the CME.
- Traders think Bitcoin might go back down to fill this gap.
| What happened | Numbers |
|---|---|
| Biggest price gap ever on CME | $10,350 |
| Bitcoin price before jump | ~$85,000 |
| Bitcoin price after jump | ~$95,000 |
