Bitcoin Eases From Record High, Bitcoin Gold Surges 17%1 min read

adminUncategorizedLeave a Comment

Bitcoin

Bitcoin notched yet another all-time high on Tuesday, surging above $6,400 as investors cheered news that futures market operator CME group announced plans to launch bitcoin futures in the fourth quarter.

On the U.S.-based Bitfinex exchange, bitcoin rose to $6368.5, up $234.1, or 3.28% after hitting an all-time high of $6450.

“Given increasing client interest in the evolving cryptocurrency markets, we have decided to introduce a bitcoin futures contract,” Terry Duffy, CME Group chairman and CEO, said in a statement.

The announced was cheered by investors who expect that bitcoin’s foray into the futures market on the CME – the leading global exchange for options and futures contracts – moves the digital currency closer to becoming an establish asset class.

Other cryptocurrencies followed bitcoin’s move higher, as bitcoin cash added 0.47% to $447.66 while bitcoin gold rose 16.95% to $131.51. The move higher in bitcoin gold comes three-days after it slumped to an all-time low of $87.2.

Ethereum, the second largest cryptocurrencies by market cap, fell 0.12% to $306.63.

By Investing

You Enjoyed it, Share it!

Facebook
Google+
Twitter
WhatsApp
Telegram

Hey! Take a look to the New Technology

Discover the new era of the most advanced trading tools

Start Making Profit Today

Discover the new era of the most advanced trading tools
Explore it Now

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.