Bitcoin bull run takes us past $15,000

Bitcoin bull run just took us past $15,000! Bitcoin surged past the $13k and $14k milestones within a day, and today continued the strongest bull run the world has ever seen to hit $15,000. At the moment of writing 1 BTC is trading at $15,100 (11,200 pounds sterling) on GDAX.

Bitcoin is breaking its own records by the minute. In fact, the price of bitcoin is going up so fast that news agencies are struggling to keep up with it, and it is possible that we reach $16,000 by the time I draft this article.  

Bitcoin bull run

Bitcoins’ market cap has increased by more than $100,000 billion over the last weeks. It is currently at $255 billion according to the Coinmarketcap website. 

Bitcoins’ Market Cap Reached  $255 billion

Everything in bitcoin world is moving at lightning speed at present. But it is widely reported that the unprecedented growth is boosted by the upcoming introduction of Bitcoin futures. Following on from the last article about “The race for Bitcoin Futures” where the CME Group was the race leader, with a confirmed launch date of 18th December, CBOE, the world’s largest options exchange, announced that they will essentially beat them to the finish line, with a bitcoin futures launch on the 10th of December. This will give CBOE a whole week of exclusivity.

Disclaimer: This article is for information and entertainment purposes only and should never be construed as investment or trading advice. Bitcoin and other cryptocurrencies can be extremely volatile and you should always do your due diligence and research on the topic, utility, product or service and legal and regulatory requirements before deciding to invest. We do not take any responsibility for possible losses you may incur.

 



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