Betting on Bitcoin
The Chicago trading companies CME and CBOE are spiking its Bitcoin Futures trades, breaking records with more than $670 million USD in a day. The demand for Bitcoin liquidity has brought a great increased in the total cap for the cryptocurrency market in the past weeks. Everyone is buying Bitcoin, from newbies to traditional investors trough instruments like CME and CBOE's Futures.
If the positive environment around cryptocurrencies performance by Q2 2018 we will see more financial firms coming to inject money to different coins besides Bitcoin, the experimentation with Blockchain tech by the majority of governments and big companies will bring confidence for major betting on the future of the crypto market. The bullish trend seems to be set by a summer confidence of business maturation and upward price trends.
Cheers!