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Bitcoin : How much BTC futures have to do with price decline from ATH to todays level?

Bitcoin : How much BTC futures have to do with price decline from ATH to todays level?



Here are some figures of CME Bitcoin Futures.

>This means that the 5,053 contracts traded in Q3 were composed by 25,265 BTC, which are worth approximately $162 million in today’s rate.
>
>[https://www.newsbtc.com/2018/10/18/cme-bitcoin-futures-contract-hits-volume-high-of-5053-contracts-in-q3-up-by-41/](https://www.newsbtc.com/2018/10/18/cme-bitcoin-futures-contract-hits-volume-high-of-5053-contracts-in-q3-up-by-41/)

25,265BTC is not much of 17.4M BTC. Of cource there are some other BTC futures also.

But what do you think, how much the futures effect on BTC price?




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Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
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