Bitcoin is moving higher amid the commencement of its futures contracts trading era.
With much anticipation, CBOE Bitcoin futures contracts started trading on Sunday. The new instruments allow speculators and investors alike to trade on the future prices of Bitcoin.
The spot market of Bitcoin was probably encouraged by it with lots of fanfare. Currently, it’s a bit shy of $17,390.01, the record close set on December 7. The record high was also set on the same day, which was $19,697.