CME futures traders increase bitcoin short positions ahead of anticipated Fed rate decision volatility, analyst says
Bitcoin Futures Traders Remain Cautious The CME (Chicago Mercantile Exchange) is one of the largest futures and options marketplaces in the world. As such, it serves as a key indicator for the sentiment and behavior of traders. With the highly anticipated Federal Reserve interest rate announcement coming today, bitcoin traders on the CME are showing caution. Increasing Short Positions According to the latest data, CME traders have been increasing their short positions on bitcoin futures . This means they are betting on the price of BTC to decrease in the near future. This cautious move can be attributed to the uncertainty surrounding the Federal Reserve's decision and its potential impact on the crypto market . Trending Hashtags and Crypto Tickers As the CME traders remain cautious, the crypto community is closely monitoring the situation. On social media, trending hashtags such as #CME, #BTC, and #FedRateAnnouncement are being used to discuss the potential im...