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Bitcoin Spiking After CME Group Announced Bitcoin Future
November 02, 2017
In light of the announcement made by the CME Group Inc. which said that it may soon launch bitcoin futures, it’s anticipated that the cryptocurrency may get hit by a massive rush of investors who had been on the fence until now.
Bitcoin jumped by as much as 4.1% to $6,351 shortly after CME announced that it will offer trading the derivatives in the fourth quarter. Overall, the cryptocurrency has grown over 500% this year alone.