Are Futures Markets The Missing Link In Bitcoin's Rise?

The upward push of bitcoin and different cryptocurrencies has been a wild ride. In the closing couple of years, the cost of those property has long past from $1 to $20,000, with an boom in cost of greater than 10x in 2017 alone.

Bitcoin`s meteoric upward push has made it one of the maximum famous cryptocurrencies withinside the world. But what is additionally exciting is that bitcoin isn't always even the primary cryptocurrency — there were dozens considering the fact that its inception in 2009.

One capability motive for bitcoin's fulfillment may be its derivatives marketplace — a marketplace in which traders can guess on whether or not or now no longer bitcoin will fall or upward push.

Bitcoin futures are already to be had on a few exchanges, however they are now no longer but mainstream because of regulatory worries and volatility. Futures markets are getting more and more more famous as a manner for traders to hedge in opposition to dangers like forex fluctuations and hobby price changes.