Bitcoin has hit new all-time price highs on its ninth birthday today as CME Group announces futures trading.
Investors still celebrating the weekend’s record-breaking $6,300 have little to fear this Halloween as renewed momentum coming from CME takes Bitcoin within reach of new heights.
We’re launching #Bitcoin futures to provide a regulated trading venue for the #digitalasset market. HTTPS://t.co/5RRvVCGtjBpic.twitter.com/zcbCAUriUd
— CMEGroup (@CMEGroup) октября 31, 2017
The move appeared broadly expected Tuesday even without the news, analyst Tone Vays and investor Max Keiser both predicting imminent peaks.
$7,000 staring us in the face. #Bitcoinpic.twitter.com/SHKAJB4lg0
- Макс Кайзер (@maxkeiser) октября 31, 2017
According to data from Bitcointicker, Bitcoin advanced 2.1 percent in the 24 hours to press time to hit $6,300.
The latest surge, which began late last week, initially pulled major altcoins along with Bitcoin, but the trend has since faltered.
Bitcoin Cash, в частности, has reversed the top of its gains which saw the fork hit multi-week highs approaching $500.
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