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Nov 17

Bitcoin Hits New Record High

Since it’s dip last Sunday, Bitcoin has climbed to a new record setting high of $8040.  How high will it go in December?  Here’s some insight from Cryptocoins News.

Bitcoin Price Achieves New All-Time High at $8,040; Bigger Surge in December?

Joseph Young on 17/11/2017
The bitcoin price has achieved a new all-time high at $8,040, within a week since it dipped below $5,600 on Sunday. Analysts expect the price of bitcoin to surge even further by the end of 2017, upon the entrance of institutional investors and retail traders through Coinbase, CBOE, Gemini, and CME.

Bitcoin Price Will Likely Surge Again in December

Earlier this week, CME Group announced that it will launch its bitcoin futures exchange approved by the Commodities and Futures Trading Commission (CFTC), to address the increasing demand from institutional investors and retail traders for bitcoin.

Today, on November 17, Coinbase, the largest bitcoin brokerage and wallet platform in the world, introduced Coinbase Custody, another bitcoin trading platform for institutional and retail traders. On Coinbase Custody, large-scale investors can invest a minimum value of $10 million in bitcoin.

Source:  https://www.cryptocoinsnews.com/bitcoin-price-achieves-new-all-time-high-at-8040-expect-to-surge-in-december/

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