Newsflash of March 13, 2020

Market Cap at 1:21 (UTC) – $160,383,190,859

Bitcoin dominance: 64 %

BTC $ 5,631.52 (-6.84%)

ETH $131.71 (-4.08%)

XRP $0.15811 (-0.18%)

CME Group is closing down its Chicago trading floor

On Friday, March 13th, Chicago trading floor of CME Group will be closed down by the end of business hour, according to the website. The firm said that this is a precaution to reduce the risk of spreading coronavirus. However, CME Globex is still available for all the current trading products.

Central bank of UK released discussion paper on CBDC

Bank of England has recently published a document on how studying CBDCs. Per the paper, BoE hasn’t decided when to introduce CBDC and it currently studying the benefits, risks, practicalities of CBDC. Full document can be found here.

 

That’s it for today.

Stay safe and happy trading.

Yours,

4C-Trading

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