Bitcoin has breached the $16,650 mark, extending the digital currency's record-breaking surge.
The cryptocurrency began the year below $1,000 however continues to rise despite warnings of a dangerous bubble.
According to Coindesk.com, Bitcoin reached $16,650.83 (£11, 928.78), having soared over five hundredth in a very week.
The new high comes days before the launch of Bitcoin futures on 2 exchanges, together with the world's largest commodities market, CME.
Spread indulgent firm CMC Markets aforesaid the increase had all the symptoms of a bubble market, warning "there isn't any thanks to understand once the bubble can burst".
No comments:
Post a Comment