Are there any historical examples of significant price movements in cryptocurrencies due to CME gaps?

7 answers

• Sat SachanJan 18, 2025 · 6 months ago
  Absolutely! There have been several instances in the past where cryptocurrencies witnessed substantial price movements due to CME gaps. One notable example is the Bitcoin price surge in December 2017. During that time, the CME Bitcoin futures market experienced a gap between the closing price on Friday and the opening price on Monday. This gap led to a significant increase in demand for Bitcoin, causing its price to skyrocket. Traders and investors took advantage of this opportunity, resulting in a massive price movement.
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• Benilson Abel PosterJun 18, 2020 · 5 years ago
  Sure thing! Let me tell you about a historical event that caused a significant price movement in cryptocurrencies due to CME gaps. In 2019, there was a CME gap in the Ethereum market. The closing price on Friday was significantly lower than the opening price on Monday. This gap attracted a lot of attention from traders and investors, who saw it as an opportunity to buy Ethereum at a lower price. As a result, the demand for Ethereum increased, leading to a substantial price movement.
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• Agung SatrioOct 14, 2021 · 4 years ago
  Definitely! One interesting example of a significant price movement in cryptocurrencies due to CME gaps is the case of Ripple (XRP) in 2020. There was a CME gap between the closing price on Friday and the opening price on Monday, which created a buying opportunity for traders. As a result, the demand for Ripple increased, and its price experienced a notable surge. It's important to note that CME gaps can have a significant impact on the price of cryptocurrencies, as they attract attention from traders and investors looking to capitalize on the price discrepancies.
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• Simone CarminatiJun 23, 2021 · 4 years ago
  Yes, there have been instances where CME gaps have caused significant price movements in cryptocurrencies. For example, in 2018, there was a CME gap in the Litecoin market. The closing price on Friday was higher than the opening price on Monday, creating a selling opportunity for traders. This led to a decrease in demand for Litecoin and a subsequent price drop. It's worth noting that CME gaps can have both positive and negative effects on the price of cryptocurrencies, depending on the market sentiment and the actions of traders.
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• Shaheer KhanApr 29, 2023 · 2 years ago
  Certainly! Let's talk about a recent example of a significant price movement in cryptocurrencies due to CME gaps. In early 2021, there was a CME gap in the Bitcoin market. The closing price on Friday was much lower than the opening price on Monday, creating a buying opportunity for traders. This attracted a lot of attention and resulted in a surge in demand for Bitcoin, causing its price to rise significantly. It's fascinating to see how CME gaps can influence the price dynamics of cryptocurrencies.
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• Halim SimoJul 07, 2023 · 2 years ago
  Of course! One interesting case of a significant price movement in cryptocurrencies due to CME gaps is the situation with Ethereum Classic (ETC) in 2017. There was a CME gap between the closing price on Friday and the opening price on Monday, which created a selling opportunity for traders. As a result, the supply of Ethereum Classic increased, leading to a substantial price drop. It's important to keep an eye on CME gaps as they can have a notable impact on the price movements of cryptocurrencies.
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• man yeahApr 20, 2025 · 3 months ago
  Absolutely! Let me share with you an example of a significant price movement in cryptocurrencies due to CME gaps. In 2020, there was a CME gap in the Bitcoin Cash market. The closing price on Friday was significantly higher than the opening price on Monday, creating a selling opportunity for traders. This led to a decrease in demand for Bitcoin Cash and a subsequent price decline. It's worth noting that CME gaps can create volatility in the cryptocurrency markets, presenting both risks and opportunities for traders.
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