After observing Bitcoin for a long time this can be said surely that Bitcoin has been a great investment vehicle for all the bitcoin investors. Seeing its past records bitcoin has always shown a rapid growth in its price after a massive drop in its price.
The price surge has been shown a rapid growth in past days. But after the launch of a future contract the price of bitcoin fall, later regaining its strength on 27 December at $16930 and the market cap reached to 603 billion which again shows the dip and regained its strength above $14000 on Friday. The price has shown the surge of 5.3 percent this time.
The launch of futures contract gave the cryptocurrency a massive hike and it’s trading volume when trading of bitcoin started on biggest trading platforms.
Bitcoin hits the all-time high this year near about $20000. It is yet to see where the bitcoin goes by the year-end.