The bitcoin market impact of such an event on bitcoin exchanges is very related to the bitcoin futures.The launch of Bitcoin Futures can exacerbate the current high valuation for Bitcoin market cap more billions in the short term and, indeed, cause Bitcoin prices to be massively undervalued if and when fear replaces But the launch of Bitcoin Futures should ultimately help lead to pricing efficiency. Meaning the Bitcoin price should better reflect fair value rather than being massively overpriced or underpriced.Bitcoin Futures will decrease volatility not increase volatility the major impact will be an increase in the pricing of Bitcoin because of the additional demand for the futures.