CME BTC futures open with $585 gap

CME BTC futures opened today at $66,765, creating a gap of $585 from the previous trading day's close of $66,180. This gap represents the difference between Friday's closing price and Monday's opening price on the chart. It occurs because the CME is closed on weekends, while the Bitcoin spot market operates 24/7. The larger the fluctuation in the spot price over the weekend, the wider the gap. Investors often watch for the possibility that the futures price will move to fill this gap.