Bitcoin’s price keeps on increasing. The cryptocurrency just crossed the $15,000 mark, only a few hours after topping $14,000. It happened between 5 and 6am New York Time.
Bitcoin has now a market value of more than $256 billion, ranking among the 20 largest stocks in the S&P 500. Last week’s 20% drop is now history. It’s still shocking to think how bitcoin started the year with a value of less than $1,000. During the last 11 months, investor’s interest only grew.
Cboe Global Markets will launch bitcoin futures this Sunday and CME will do so the following week. Will the price keep raising this weekend? It’s hard to tell, but probably.
“While we launched [in the U.S.] just a week ago, bitFlyer has already seen strong interest from institutions looking to gain exposure to bitcoin. We’re glad to have expanded to the US at this time with so much interest due to the impending Bitcoin futures launches,” bitFlyer COO Bartek Ringwelski, said in an email.
The Tokyo-based digital currency exchange is the largest in the world by trading volume and announced last week it received a “BitLicense” to operate in New York.Trade on BTC here
NOTE: This article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.
In accordance with European Securities and Markets Authority’s (ESMA) requirements, binary and digital options trading is only available to clients categorized as professional clients.
GENERAL RISK WARNING
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
77% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.