Our monthly Bitcoin OTC Market Recap infographics are loaded with key OTC data ranging from trading volumes to spot price analysis. OTC market insights from our Director of Trading, Elizabeth Hamilton, can be found below. 

READ MORE

CME Group, in partnership with Crypto Facilities Ltd., announced plans this week to develop two new bitcoin pricing products. The CME CF Bitcoin Reference Rate (BRR) will provide a final settlement price in USD at 4pm London time each trading day while the CME CF Bitcoin Real Time Index (RTI) will...

READ MORE

The bitcoin market was quiet in March and the month proved to be a slow one for our OTC trading desk. Lack of market volatility contributed to low trading volumes as many traders sat on the sidelines in search of reliable indicators as to which way the price was headed.

READ MORE

In March, the bitcoin price was down about 4%, on par with the digital currency’s performance year-to-date. Global equity markets rallied and outpaced bitcoin in March while commodities had a mixed month (oil was up while gold was down). 

 

READ MORE

Bitcoin had a solid February with the price closing up about 17% and reaching breakeven on the year. The digital currency outpaced equity markets and commodities, including gold which was up 10.5% on the month. 

READ MORE

February proved to be the biggest trading month to date for our bitcoin OTC trading desk. Trading volume increased 211% month-over-month as sellers continued to flood the market. This influx of sellers resulted in deeper transactional price execution discounts and presented an opportunity for the...

READ MORE

The price of bitcoin closed unchanged week-over-week but not without a flurry of mid-week activity. The price shot down to $366 on Wednesday (hitting our projected short-term support) then bounced up to $390 Thursday before closing the week in the mid-$370 range. Traders are expecting a slow week...

READ MORE

January was a tough month for the financial markets and bitcoin was no exception. Bitcoin opened the year at $432 and briefly broke $450 before falling to $365 to close the month of January. The key driver of the downward price movement was Mike Hearn, a former bitcoin core developer who sold out...

READ MORE

Our bitcoin OTC data from January shows several interesting macro trends related to market participant positioning. Trades made in early-January saw buyers place long-term foundational bets on the price of bitcoin. These trades were executed with positive December price movement and the Q4 bull...

READ MORE

The price of bitcoin fell nearly 6% last week with bitcoin exchange pricing heavily influenced by OTC activity. OTC sellers took deeper than normal discounts as buyers priced-in potential near-term sell offs (learn more in our next Bitcoin OTC Market Update out Thursday).

READ MORE

Bitcoin Trading Research Delivered to your Inbox