Study finds CME drives Bitcoin price, but rules out stablecoin volumes – Cointelegraph
On October 14, investment firm Wilshire Phoenix released its Efficient Price Discovery report, which details the impact of CME Bitcoin (BTC) futures contracts on Bitcoin price discovery. The company concluded that “CME Bitcoin futures are more helpful in price discovery than its related spot markets.” And the researchers also suggested that: “CME Bitcoin futures have […]
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