Micro Bitcoin Futures: You Cannot Resist It

The popularity of Bitcoin has increased over the years. In fact, this virtual currency has risen over 100% in 2021 and has surged more than 600% in the past 12 months. It recently breached the $1 trillion market capitalization for the first time which is indeed phenomenal. Company such as Tesla has given wings to bitcoin and brought it to current levels. Tesla has indicated that they will accept bitcoin payments from customers, and fintech giants PayPal and Square have announced that their users can buy and sell crypto currency, and potentially even transact them at stores. The sheer market cap of the crypto currency space now stands at over $2 trillion and it has become quite attractive to institutional investors who cannot keep themselves away from it.


The introduction of Micro Bitcoin futures has been done to fulfil the demand for smaller-sized contracts that will offer more accessibility to a regulated Bitcoin futures market. One BTC future is equivalent to five bitcoin; however, the Micro contract is equivalent to 1/50th the size of this, and is 1/10th of one bitcoin. With the arrival of a futures contract at a level accessible to more of those investors, they can now manage risks of outside economic or monetary factors in a new way.

Commodity trading market data analysis is quite necessary for the success of a trading business. Commodities are ranked or listed as per their availability, productions and requirements.  Analysis charts provide a visual and intuitive means of analyzing a market that is aimed at the trader rather than the analyst. Commodities data contains information on exchange rates, trading attributes, and bidding attributes. All of these can easily help make decision-making for market participants in commodities more accurate and informed. If you are looking for futures trading resources and superior customer service, you should hire the services of cannontrading.com. We have been serving commodity and futures traders since 1988. We offer advice on commodities futures trading to both inexperienced and experienced traders and help them in making better decisions.

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