CME Bitcoin futures open with $590 gap

CME Bitcoin futures opened today with a gap of approximately $590. The futures contract, which closed the previous trading session at $67,165, began trading today at $67,755. These gaps occur because the CME market is closed on weekends, while the Bitcoin spot market operates continuously. Significant price movements in the spot market during this time can lead to a disparity between Friday's closing price and Monday's opening price on the CME. Traders often watch these gaps, as futures prices have a historical tendency to revert to fill them.