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by ve55 3080 days ago
I would be skeptical of strong claims about how Bitcoin futures have affected its price significantly so quickly, mainly because their volume is very low when compared to Bitcoin exchanges and even other unregulated futures (such as Bitmex's future contracts, which have been around for much longer than CME and others have).

It makes sense the price has stabilized recently due to how strong the recent bull market was, it will likely need some time to relax and consolidate before it decides what direction to push next.