The price of Bitcoin has hit new skyrocketed to record highs above $14,000.
At press time, Bitcoin is at $14,369.10 – just passing the $14,000 mark at 22:34:13 UTC. The Bitcoin-U.S. dollar (BTC/USD) exchange rate has increased by 20.31 percent in just 24 hours. For the month, Bitcoin is up a staggering 99.9 percent.
As of this morning, BTC passed the $13,000 mark breaking its previous price record but has increased in value just over $2,400 in just 24 hours. News of the upcoming Bitcoin futures seems to have reached a large enough audience, as it seems that investors have decided to join the movement just before the official launch.
Many skeptics and high ranking banking officials have been voicing their opinions for months on bitcoin being just a “bubble” but the cryptocurrency continues to make comebacks after slight downfalls and keeps breaking records along the way.
When will said “bubble” finally pop, if ever? December 10th shall be the test, as the original cryptocurrency will be brought mainstream.
Featured Image: dimdimich