Sentiment indicators in the bitcoin price futures market turned mildly bullish after U.S. jobless claims came in higher than expected, reducing fears of aggressive rate hikes. The price of Bitcoin has rocketed 47,430% higher in the past decade (as of Sept. 29). This special performance would've turned a $1,000 starting investment into over $475,000 today. Despite the monster gain, there remains substantial upside for long-term investors looking to buy the world's most proven cryptocurrency . These new futures, which have seen explosive growth since their introduction just a few years ago, can offer crypto exposure without holding the actual digital currency. They share similarities with traditional futures contracts, but there are some key differences. Traders in Asia are positioning in bitcoin price futures following regulatory clarity in Hong Kong's virtual asset framework. This regional policy shift is being cited as supportive for medium-term institutional participation.
