Bitcoin Futures Gap Surpasses $10,000 Amid Trump's Crypto Reserve Announcement

Coin WorldSunday, Mar 2, 2025 11:13 pm ET

1min read

CME Bitcoin Futures gap Surpasses $10,000, Marking a New Record

The Chicago Mercantile Exchange (CME) witnessed an unprecedented event on March 3rd, as its Bitcoin futures market experienced the largest gap ever recorded, exceeding $10,000. This significant development comes in the wake of U.S. President Trump's announcement on March 2nd regarding the establishment of a cryptocurrency strategic reserve.

Data from TradingView indicates that following the announcement, the spot market saw a substantial inflow of over $300 billion. This influx led to a $10,000 gap in cme Bitcoin futures, surpassing the previous record of slightly over $4,000, which was observed by Asymmetric founder Joe McCann in August 2024.

Analyst Rekt Capital noted that Bitcoin has officially filled the CME gap between $92,800 and $94,000 that was formed last week due to a spot market crash. While Bitcoin has managed to fill two CME gaps in a week, the process has also resulted in the creation of a new massive CME gap, ranging from $84,650 to $94,000.

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