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Bitcoin Enters First Gapless CME Week Near $73K Seeking New Signals

Bitcoin begins its first full gapless trading week after CME Group launched 24/7 Bitcoin futures and options on May 29, ending the nine-year weekend gap era. Early optimism from the Trump administration’s token-backed mortgages and Ledn’s $1 trillion bitcoin-lending forecast has faded as roughly $700 million daily U.S. spot ETF outflows and a $6.25 billion options expiry pressured prices. Market participants now monitor Monday liquidity, futures basis and options skew for direction while three legacy gaps near $67K-$80K remain visible on charts. Bitcoin trades near $73,441 after a 3.7% weekly decline.

Category

Bitcoin

Sentiment

Mixed

Event

Market commentary

Reading time

1 min