172 days ago • Posted by Charles-Henry Monchau

Chart of the day: Bitcoin hits $28.5k over the week-end. Futures gap opening is the biggest ever

Bitcoin reached an all-time high of $28,500 on Sunday, hitting a market cap of $500 billion (above Visa) before losing some ground. After spot gapped as much as $5000 from futures closing price, futures opened with a $1365 gap higher over spot prices, the biggest ever (source: www.zerohedge.com).

Bitcoin Futures - spot prices