Bitcoin Futures Surge on Launch, Trigger Circuit Breakers
By 9 a.m. Eastern Time, the one-month futures price for the session had risen by almost 15 percent to $17,450 for the session, according to data from Reuters, with the two-month contract at $18,880 and the three-month contract at just over $19,000.
Demand for the product was so high that it triggered circuit breakers—mechanisms designed to restrict price volatility, which halt trading if limits are breached—twice, first at a 10 percent rise in price, resulting in a two-minute halt in trading
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