CME futures + Tesla = ETH All Time High

CME futures + Tesla = ETH All Time High

By MakeItReal | MakeItReal | 10 Feb 2021


HODLeeers!

Ethereum is now breaking its All-Time High above $ 1,825. The price surge has been driven by the launch of Ethereum futures on CME on February 8th and by the growing hype towards the crypto world fueled by recent BTC purchases by institutional investors like Tesla.

The volumes for the first trading day of ETH on CME futures were not huge, but 77 contracts are enough to welcome Ethereum to the world of traditional finance.

As shown by Tesla's purchase of $1.5 billion in Bitcoin, major corporations and the world of finance are increasingly interested in cryptocurrencies as a store of value and short-and long-term investment . And that's obviously great news for us HODLers! To the Moon!

 

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