ETH Heading to $6,000 After The Huge Sell-Off. Don't Miss This Now! - Aliens: AI Crypto News & Markets Updates

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ETH Heading to $6,000 After The Huge Sell-Off. Don't Miss This Now!

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Coinpedia

Tue, Dec 07, 2021

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Aliens TLDR

BTC climbed back above $50,000 whereas ETH bounces back above $4,400 amid the launch of CME micro ETH futures.

On Monday, Chicago Mercantile Exchange Group(CME) expanded its crypto offerings, launching a micro Ether futures product for both institutional and retail traders.

As we know that when CME Group first launched its Bitcoin futures contracts in December 2017, pushing BTC price to skyrocket from $6,000 to $20,000, with an increasing rate of 225% in 2 months and a half.

Moreover, since the launch of ETH futures contracts in February, ETH price has also more than doubled.

As more and more institutional investors rush into the ETH futures area and the increase of FOMO mood, the demand of ETH will also be in a linear growth, which somehow will be a catalyst for a new rally of ETH price.

The Kelly Ethereum Ether Strategy ETF will invest in cash-settled Ether futures contracts traded on the Chicago Mercantile Exchange (CME).

100x leverage ETH futures trading is a good option for you.

With 100x leverage added, you can open a 10 ETH long contract at the price of $4,400.

Bexplus offers BTC, ETH , ADA Doge and more crypto perpetual contracts with 100x leverage.

Join Bexplus and enjoy 100% bonus as well as get bigger gains in ETH trading!

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