Bitcoin Surges Above $20,000 as Major Exchanges Begin to Crash Under the Volume

Bitcoin Surges Above $20,000 as Major Exchanges Begin to Crash Under the Volume

Over the weekend Bitcoin has begun climbing rapidly again in anticipation of the CME Bitcoin Future contracts which begin on monday. Today it has broken $20,000 on many of the major exchanges.

According to Coinmarketcap.com the current value of Bitcoin at time of writing is $20,042.90:

bitcoin hits $20,000

Unfortunately, as per usual exchanges are struggling under the extreme volume, with many exchanges inaccessible and just about all slowing down to frustratingly slow speeds. Must try harder guys, cryptocurrency is no longer a market for the geeks and cypherpunks, mainstream is knocking on the door, well breaking down the door to be more accurate.

Where Bitcoin will go on Monday once the futures market open is anyone’s guess, however you can be sure in the short term we are going to see some serious volatility.

We’ll keep you posted, but in the meantime – enjoy your weekend!

2017-12-17T12:50:49+00:00

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