Bitcoin just hit a new All-Time High of $ 16,000

The Bitcoin, world’s most successful cryptocurrency, has had a bullish breakthrough since hitting its $ 10K milestone last November 29, with little resistance, almost achieving a new All-Time High every day. At the time of writing this article, Satoshi’s currency maintains its price at historical highs above $ 16,000.

According to data collected from CoinMarketCap, the USD/BTC exchange rate is right now quoted at $ 16,641 – and growing in value as we’re writing this article – with a market cap of more than $ 270 bln, and a transactions volume of 13 bln dollars in the last 24 hours, representing a growth about 25%

This bullish breakthrough comes amid the excitement of bigger investors taking part in the Bitcoin futures markets scheduled to be launched at December 10, and December 18, by both exchanges CBOE and CBM Group, respectively. Additionally, the release of Lightning Network’s tests results revealed a close proximity for activating what people think is the most plausible solution for Bitcoin’s scalability problems, which surely helped pumping up general excitement.

Read more at: http://www.crypto-economy.net/bitcoin-just-hit-new-time-high-16000/?lang=en