#Bitcoin Small CME Gap created this weekend at the $60K region.
Price has basically sold off straight from the futures open with little to no bounces. Interesting, as stock futures are mostly flat/green. 

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Odaily data shows that the total open interest of BTC futures contracts across the network is 528,800 BTC, equivalent to $31.848 billion. Among them, the open interest of CME BTC contracts is 149,000 BTC (equivalent to $8.971 billion), ranking first, with a 24-hour increase of 3.01%; the open interest of Binance BTC contracts is 120,200 BTC (equivalent to $7.231 billion), ranking second, with a 24-hour decrease of 2.37%.

CME Bitcoin contract open interest is $8.971 billion, up 3.01% in 24 hours

Bitcoin briefly dipped after the release of mixed economic data in the US last week, but surged past the $60,000 mark again on Saturday, though it was unable to sustain the high point after the volatility.

It began fluctuating and declining early this (16th) morning, falling below $58,500 at the time of writing, a 3.05% drop in the past 24 hours, with the weekend gains fully retraced.

[BlockTempo - the most influential blockchain news media] BTC trend. Source: OKX

Ethereum's performance has been more bearish compared to Bitcoin, fluctuating narrowly for some time before declining this morning.

Can't hold it! Bitcoin drops another 58,000, Ethereum loses $2,300, and the world is watching the Fed cut interest rates this week

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