It’s been an interesting, and for some frightening, past few days for Bitcoin. Last week, the price of the cryptocurrency reacted favorably to the launch of Bitcoin futures on the CBOE. Exactly one week later, CME launched trading of Bitcoin futures contracts on their platform, which was met with a drop in Bitcoin’s price.
Then on Wednesday, America’s biggest Bitcoin exchange, Coinbase, announced the surprise launch of Bitcoin Cash (BCH) support on its platform and exchange, GDAX. BCH price soared, while Bitcoin shuddered somewhat.
