BTC, ETH, XRP, BCH, BNB, LINK, DOT, ADA, LTC, BSV By Cointelegraph

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Price analysis 10/16: BTC, ETH, XRP, BCH, BNB, LINK, DOT, ADA, LTC, BSV

Chicago Mercantile Exchange’s cash-settled (BTC) futures trading products “contribute more to price discovery than its related spot markets,” according to findings in a new report by investment firm Wilshire Phoenix.

The increasing volumes of crypto derivative products highlight greater participation from institutional investors and this will likely be positive for the entire crypto space.

Daily cryptocurrency market performance. Source: Coin360
daily chart. Source: TradingView
daily chart. Source: TradingView
daily chart. Source: TradingView