According to CoinmarketCap, the price of bitcoin has reached a record level of 12,000 USD, and the market capitalization is around $ 200 billion.
The price exceeded $ 12,000 to $12032 13:49:12 UTC, and then fell to 11.972 USD.
Thus bitcoin has grown by 4.66% in the last 24 hours and almost 20% over the past seven days. Today, the share of bitcoin in the cryptocurrency market was 56.2%, and Ethereum, cryptocurrency number two – of 12.55%.
The biggest volume was registered on Bitfinex, which over the past 24 hours amounted to 612,323 million dollars.
The rise of bitcoin due to the scheduled launch of regulated futures contracts which say the influx of institutional investments in bitcoin and perhaps other cryptocurrencies. Altcoins are also rising along with bitcoin.
Cboe Global Markets, Inc., one of the world’s largest exchange holding companies, announced Sunday that the Cboe Futures Exchange (CFE) plans to start trading bitcoin futures, starting from December 10, 2017. Monday, December 11, will be the first full trading day, and trading will be free in the month of December. CFE futures will be traded under the Ticker XBT.
The CBOE will be the first stock exchange in the United States, which will support the trading of futures product based on cryptocurrencies.
The price will be based on the daily price of the auction from Gemini, a cryptocurrency exchange based in new York.
CFE has overtaken CME
CFE was able to circumvent the CME, another exchange, which will start to trade bitcoin futures on 18 December.
Terry Duffy, Chairman and chief Executive officer of CME Group, said earlier that his company had received the approval of the Commission on trade commodity futures U.S. (CFTC), for inclusion in the listing of bitcoin futures, and providing the infrastructure to create products based on bitcoin: options, derivatives and futures contracts.
The emergence of bitcoin futures would legitimize bitcoin in the eyes of both institutional and retail investors, would turn cryptocurrency into a “new asset class”.