Bitcoin Futures Launch Prompts Price To Peak
Bitcoin, the largest cryptocurrency in global markets, clocked an all-time high price of $17,448 on Tuesday, according to Coin Desk‘s price index. It rocketed from $13,159 on December 10 to its peak of $17,448, a 32.5% increase in just three days.The blockchain-based digital currency reached its peak price two days after U.S. derivatives exchange Global Markets launched bitcoin futures; a move that aimed to legitimize the unregulated digital currency, which has been associated with ransomware attacks and other illegal activities.
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