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Bitcoin's Volatile Liquidity Run Could Lead to New Record Highs
Bitcoin behaved differently on Sunday, with CME futures leading the volatile price action.
Updated May 19, 2025, 1:14 p.m. Published May 19, 2025, 11:58 a.m.
What to know:
- Bitcoin experienced a period of volatility when CME futures markets opened on Sunday at 23:00PM UTC.
- Price whipsawed up to $107,000 and back down to $102,000, wiping out liquidity on both sides.
- With market depth and liquidity now skewed to the upside, a break out to new record highs is potentially on the cards.
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Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch
When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.
What to know:
- Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
- Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
- Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.
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