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Ahmed Barakat

Bitcoin consolidates under $83K as CME plans Volatility futures launch on June 1

Bitcoin is hovering around $80,849 after slipping about 2% from a multi-month high above $82,800, with the 200-day SMA near $82,755–$82,754 acting as the key ceiling. CME Group has announced Bitcoin Volatility futures slated to launch June 1, pending regulatory approval, as traders watch whether BTC can clear resistance toward $85,000 or retest supports near $78,000.