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Here’s what happened in crypto today

Published 11/03/2023, 04:18 PM
Updated 11/05/2023, 06:00 PM
BTC/USD
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BMC
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Bitcoin futures contracts traded on CME reached an all-time high this week, as BTC's price briefly eclipsed $35,000. Meanwhile, FTX claim pricing has reached as high as 57%, according to data from Claims Market. This came after Sam Bankman-Fried was found guilty of all seven charges laid against him in his criminal trial, just hours after prosecutors laid down their final rebuttal to the defense.

CME Bitcoin futures hit record high

Open interest on Bitcoin futures reached $3.65 billion on the Chicago Mercantile Exchange (CME), a new all-time high. The metric suggests that more traders are gaining access to the Bitcoin market through derivatives.

FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts

Sam Bankman-Fried is found guilty on all 7 charges in criminal trial

SBF “lied to get customers’ trust,” prosecutor says

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