Bitcoin and Gold Futures Stuck in Limbo as CME Battles Outage

By Coin Edition
2 days ago
GOLD WHEN GOLD GOLD $LIMBO
  • CME Group halted all futures and options trading due to a critical cooling failure at CyrusOne data centers.
  • The outage traps billions in open interest during the Thanksgiving holiday window, creating a liquidity vacuum.
  • Bitcoin futures are stuck at ~$91,325, creating a massive “CME Gap” risk when trading resumes.

CME Group (NASDAQ: CME), the world’s largest derivatives exchange, suffered a catastrophic infrastructure failure on Friday, halting trading across global equities, commodities, and cryptocurrency futures. 

The outage, triggered by a cooling system malfunction at a CyrusOne data center, has effectively extended the U.S. Thanksgiving market closure, leaving institutional desks “flying blind” during a critical liquidity window.

“Due to a cooling issue at CyrusOne data centers, our markets are currently halted. Support is working to resolve the issue …

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