Bitcoin Bounces to $15,000 Amid Run-Up to Cboe Futures Launch
The bitcoin markets are experiencing significant price volatility leading up to the launch of Cboe’s futures markets, as many traders place their bets on how the markets will react to the highly anticipated event. With the Launch of Cboe’s Bitcoin Futures Markets Hours Away, Bitcoin’s Price is Making Significant Moves After establishing a new all-time high on the 8th of December, the bitcoin markets retraced heavily before rallying up to the $15,000 USD area. The considerable volatility experienced by the markets has led to a dramatic spread in prices across exchanges. On Bitstamp, the BTC markets produced a high of $16,667 on the 8th of December, before bouncing off the $12,800 area this morning. On Bitfinex, a new record high of $17,171 was reached before the markets established support at $13,000. Coinbase produced the greatest price disparity, setting a new all-time high of $19,340 before finding a floor at the $13,500 area. All major markets produced a two-day retrace of...