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Saturday, November 4, 2017

Crypto News: The What and Why Bitcoin Price Reached $7,000

The What and Why Bitcoin Price Reached $7,000

This week, Bitcoin price, on its usual upward trajectory, barely blinked as it smashed through the $7,000 mark. The Bitcoin community obviously celebrated as the king of digital currencies shows no sign of slowing, but what is behind this latest rally?

The biggest factor behind the rally was the announcement of Chicago Mercantile Exchange’sdecision to offer Bitcoin futures.

Firstly, what is a Bitcoin future and why is it causing such a buzz on main street, Wall Street, as well as on the Bitcoin price.


Full story at http://bit.ly/2h5suaJ


Source: CoinTelegraph


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