Bitcoin smashes through $6,600 to new record high after CME announces plans for futures contracts
The price of bitcoin surpassed the $6,500 and $6,600 barrier in one day to hit a new record high
The move higher was boosted after the CME announced plans to launch bitcoin futures
CME's plans could bring more institutional investors into the bitcoin market.
Bitcoin surpassed $6,500 and $6,600 on Wednesday to hit a new record high after the CME announced plans to launch bitcoin futures later this year.
The price of the cryptocurrency hit a high of $6,600.84 just hours after breaking through the $6,400 barrier, and minute after moving past the $6,500 mark, according to data from industry website CoinDesk. Its market capitalization, or the total value of bitcoin in circulation, hit $110 billion.
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This might make it to violent in adjustment, but I will see
Well
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V18510391148482923268~~UNM4jB8_TPcnKivd0u-slSgFI2_1_Mu5w2fwZxttzHwSO_fFkG-bpaW2-qyqBDD6A2oNFt1ukOTCFTq8EPPgT_IEU3H1IDUSUxOTWlWQQzH9Sku8NAtPR7XiYX7DNF4aVILOvn_X4-Ya9jY2F7JQXz4Gitp6amRB0VJBG-Px22la1daKj7dV_vieVUPgxXJ3&pt=text&li=rbox-t2m&redir=https%3A%2F%2Ftalentedge.in%2Farticles%2Fiim-program-must-future-entrepreneurs%2F%3Futm_source%3Dtaboola%26utm_medium%3Dcpc%26utm_campaign%3DTaboola_IIMR-ENT-Mobile%26utm_term%3DENT_IIMR-02-1217-01%26utm_content%3Dcnbc&vi=1509542216013&p=talentedge-sc&r=26&ppb=CNYG&cpb=Eg8yNzktMjA5LVJFTEVBU0UY3gggnP__________ASoZaGsudGFib29sYXN5bmRpY2F0aW9uLmNvbTIId2F0ZXI2NTM