Bitcoin is approaching Wall Street
The rate of bitcoin for the first time exceeded $ 7000, breaking through another psychologically important level. That happened just a month after the first time the cryptocurrency overcame the $ 5000 mark.
The positive growth of bitcoin in recent days is connected with speculation that the cryptocurrency can become the most popular financial asset after the largest North American operator of financial derivatives CME Group said it would start trading bitcoin futures this year.
Just last month JPMorgan Chase CEO James Dimon said that bitcoin is a fraud to which his bank will never have anything to do.
However, the start of bitcoin trading on one of the largest US exchanges (CME Group emerged by combining the leading exchanges of Chicago and New York) can help crypto-currencies gain official status in the financial world. Until now, uncertainty about their legal status has consistently held the digital currencies trading on the periphery of financial markets.
In 2017, bitcoin has become the most profitable asset: since the beginning of the year its value against the dollar has increased by more than 600%, and market capitalization is approximately $ 115 billion.
Breaching the 7,000 dollar level is really refreshing. Thanks a lot for this blog post.
Thank you!
Am I hallucinating?
It's dropping like crazy...
Breaching 7000? Yes, but downward!
Bitcoin just fell 1000 dollars while Bitcoin cash went up 30%
Have you been sleeping? It was at 7800 recently.
Now people are moving to alts and Bitcoin cash like rats leaving a sinking ship.
Not saying it won't come up again, still lots of money coming in that has no idea what is going on. But talking about the 'positive growth of recent days' can't stand uncorrected, sorry.
I'm not trying to rain on your parade, but facts are facts. I guess you were talking about the growth of recent weeks?