Bitcoin Hits New All-Time High As CME Group Announces Futures Trading
October 31, 2017 3:52 pm
Cointelegraph.com reported Bitcoin celebrated its ninth birthday Tuesday by hitting all-time price highs, CME Group announced.
Renewed momentum from CME brought Bitcoin within reach of new heights as investors are still celebrating the weekend’s record-breaking $6,300 plateau, the report said.
Both analyst Tone Vays and investor Max Keiser are predicting imminent peaks for the cryptocurrency, the report said.
At 10 a.m. ET, data from Bitcointicker showed Bitcoin advanced 2.1 percent in the prior 24 hours, moving past the $6,300 mark.
Major altcoins, the report said, also made significant gain along with bitcoin, but that trend has since faltered.
Bitcoin Cash, in particular, has reversed the top of its gains which saw the fork hit multi-week highs approaching $500, the report said.
– WN.com, Jack Durschlag
