By CCN Markets: The bitcoin price has surged by seven percent on the day, recording a 32 percent monthly gain and a 151 percent year-to-date gain against the U.S. dollar. The strong upside movement of the dominant cryptocurrency has occurred in anticipation of the opening of the CME bitcoin futures market on Monday. Factors behind the bitcoin price rally Earlier this week, when the bitcoin price was hovering at around $8,100, the “real 10” volume of the asset was at around $600 million. The real 10 volume of bitcoin refers to the verifiable volume of the asset based on the
The post Bitcoin Price Skyrockets to $9,387: What’s Behind the New 2019 High? appeared first on CCN Markets
source https://www.ccn.com/crypto/bitcoin-price-new-2019-high-factors/2019/06/16/
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