Micro bitcoin futures are set to react sharply to upcoming

Micro Bitcoin Futures are set to react sharply to upcoming Fed commentary. Traders should watch for volume spikes during speech windows, as recent patterns show high correlation with short-term BTC price moves. Going forward, Crypto.com can design and offer its own leveraged contracts, and the exchange said it will announce the details of a new suite of margined products soon. Crypto traders might consider themselves light-years removed from their boisterous, brawling ancestors who bought and sold futures contracts on old-school commodities like crude oil, gold, and soybeans in the trading pits of yore. But nowadays, they actually share a common strand of DNA, in the form of futures contracts based on Bitcoin (BTC), Ether (ETH), and other digital currencies. Daily average volume of Micro Bitcoin Futures rose 9% this week, aligning with heightened activity in crypto options markets. Traders are noting increased correlations between BTC and U.S. tech stocks.