Bitcoin prices rebound thanks to futures | AllFixs
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During the first few hours, most buyers bet that the price of the virtual currency will continue to soar. The Bitcoin price for January delivery has exceeded $ 18,000.
On the CBOE, Bitcoin futures rose to 26% as soon as it opened, causing them to stop trading twice to stabilize the market. On Twitter, this floor also announced "huge traffic" to the website, causing some minor problems. However, CBOE insists these problems do not affect their systems.
Bitcoin price movements over the past 24 hours.
This is the first time that a government-regulated exchange has given a green light for trading Bitcoin-related security. This is considered a historic step. Because unlike traditional commodities, Bitcoin is not a tangible asset. It is also not like a regular currency, as it is not issued by any central bank.
Currently, Bitcoin is only traded on virtual currency exchanges that are not regulated by the authorities and there is huge fluctuation. The price of Bitcoin has risen 15 times this year, at one point approaching $ 20,000 on Coinbase, the largest US Bitcoin exchange.
Some of the top economists and financial experts call Bitcoin a bubble and a scam. However, its backers say that the virtual currency will get stronger, as it becomes more and more widely accepted.
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