While the foreign exchange market remains calm, bitcoin continues to grow rapidly.
Interest in the cryptocurrency has increased amid the news that today the Chicago Board Options Exchange launched bitcoin futures trading.
During the weekend, the cryptocurrency jumped by more than 25 percent. According to most investors, demand exceeded all market forecasts. Now bitcoin is expected to hit $16,500 and continue its rally.
Ethereum also attracts traders. Today it is trading around $460.40. Moreover, next week the Chicago Mercantile Exchange will start trading bitcoin futures, which will put an upward pressure on all cryptocurrencies.
One of the largest holders of bitcoin, Cameron Winklevoss, believes that the cryptocurrency market is flourishing and it is not a bubble as many experts say.
At the same time, many professional investors continue to warn market participants that virtual money is a practical instrument only for speculations and short-term trades. At any time, bitcoin can rapidly fall without any valid reason.
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