The madness continues: Bitcoin over $ 15,000

in #bitcoin6 years ago

One record is chasing the next - the Bitcoin price is rising sharply on Thursday and is now back at more than 15,000 US dollars. The renewed run on the Bitcoin is not least due to the soon starting futures trading with Bitcoin.

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With a double-digit percentage increase, Bitcoin has risen sharply again in the last 24 hours. So the Bitcoin lies in the early afternoon well over 15,000 US dollars and thus tears the next magic brand. The intervals at which the Bitcoin reaches new all-time highs and sets milestones will be shorter and shorter at the end of 2017.

An important reason for the renewed massive increase could be the prospect of the early trading in Bitcoin futures . As reported last week, the US Commodity Futures Trading Commission (CFTC) has approved this type of trade in Bitcoin on December 1st. The start of futures trading with Bitcoin, which was initially scheduled for December 18, was recently brought forward to December 10th. The nearing of the deadline has obviously once again increased the bitcoin hunger of many investors.

The rise in Bitcoin is also associated with a sometimes strong case of Altcoins that have to let feathers in favor of Bitcoin. IOTA in particular has had a hard time today (currently -33%) - which, however, seems bearable in the last week in view of the immense high-altitude flight of the Tangle-based token. In total, the total market capitalization of all cryptocurrencies is over $ 400 billion, of which $ 255 billion is accounted for by Bitcoin alone. The BTC dominance increases so massively and is now over 60% again.

It remains to be seen whether Bitcoin's uptrend will continue to this extent until Sunday and beyond. Only then will probably be able to determine more accurately how much the planned futures trading will affect the development of Bitcoin. But the course of the share price is still exciting to see.

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