Today, the Bitcoin Price hits $8800 to Fresh all-time highs, surged $630 (7.70%) with total volume of 727.60 M after the Coinbase added 100k accounts approx.
CoinCrump – Today, the Bitcoin (BTCUSD) price is trading at $8817 with the market cap of around $147.2B. The massive hike in prices might be because the U.S largest bitcoin exchange Coinbase added approximately 100,000 new customer accounts on the occasion of Thanksgiving day or the Black Friday.
Well!! you may also say Black Friday boost!! Also, the Ethereum (ETH) prices also hit an all-time high of $485.18.
Bitcoin Price hits $8800 level: What’s next?
Indeed!! this hike might be due to “Black Friday” also, the world’s largest futures exchange, Chicago Mercantile Exchange (CME), is planning to list bitcoin futures in the second week of December. This launch will increase the value of bitcoin as a legitimate asset class, and a step towards another hike might be seen.