Media Continues to Slam Bitcoin as CME Futures Market Opens, Price Slips 4%

Bitcoin futures are down as the world’s largest futures market, CME Group, opens trading. Immediately after trading began, Bitcoin futures contracts closing in January jumped to $20,800 before falling to $18,800 at press time.

Contracts expiring in February, March and June are still priced at $20,000. Considering Bitcoin’s current spot price of $18,500, Wall Street still seems mildly bullish.