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Questions tagged [btic]

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MysticChaser MysticChaser Thu Jul 11 2024 | 6 answers 1488

What is BTIC (BTC) / CME CF Bitcoin reference rate?

Could you elaborate on what the BTIC (BTC) / CME CF Bitcoin reference rate actually represents? I've heard it mentioned in relation to cryptocurrency pricing but am unclear on its precise function and significance. Is it a benchmark used to gauge the market value of Bitcoin? Does it factor in transactions across multiple exchanges? And how is it calculated to ensure its accuracy and relevance to the overall cryptocurrency market? Any clarification would be greatly appreciated.

What is BTIC (BTC) / CME CF Bitcoin reference rate?

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