Cooling System Outage Halts Trading
The post Cooling System Outage Halts Trading appeared on BitcoinEthereumNews.com.
Key Points: BrokerTec EU operational, other CME markets suspended. Data center issue affects crypto trading. Price volatility possible as markets resume. CME Group suspended trading across most of its markets, including cryptocurrency futures, due to a cooling system failure at the CyrusOne data center, affecting global market operations. The suspension impacts major brokers relying on CME pricing, potentially increasing volatility in Bitcoin, Ethereum, and Solana futures when trading resumes, with the BrokerTec EU still operational. Futures Trading Impact and Stakeholder Responses The CME Group confirmed the closure of most of its markets due to a cooling failure affecting the CyrusOne data center, which plays a crucial role in daily trading operations. BrokerTec EU continues to function, but other markets remain inactive. This suspension impacts major institutional and retail brokers who depend on CME’s data for futures trading and price formation, potentially leading to temporary liquidity shifts. These include brokers like IG, OANDA, and eToro. Community reactions mostly acknowledge the technical suspension with no significant panic observed. Key figures in the cryptocurrency industry have not publicly commented on this incident, maintaining focus on trading resumption and system recovery. Historical Context, Price Data, and Expert Insights Did you know? CME’s market suspensions are rare—considered “black swan” events—due to their robust infrastructure. Last impacted crypto futures, including major assets like BTC and ETH, underscore the rarity and severity of such incidents. Bitcoin (BTC) holds a current price of $90,670.64, with a market cap at $1.81 trillion, per CoinMarketCap data. The 24-hour trading volume reached $56.49 billion, a -0.57% change in price. Over seven days, BTC appreciated by 7.68%, indicating fluctuations amidst market uncertainty. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 08:21 UTC on November 29, 2025. Source: CoinMarketCap “The cooling system failure at the CyrusOne data center is a rare occurrence but has…
Filed under: News - @ November 29, 2025 8:27 am