Bitcoin bursts through $8,000 – Business Insider


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  • Bitcoin pushed past $8,000.
  • Prices rebounded after it fell as low as $5,600
    over the weekend.
  • The surge comes amid more regulatory developments in
    the cryptocurrency market.

Bitcoin (BTC) demand is ramping up to end the week, with the
world’s biggest cryptocurrency pushing through $8,000 on major
trading exchanges.

Here are this week’s moves in BTC on the Bitfinex exchange, via
Investing.com:


BTC 171117Investing.com

Prices have steadily rebounded after demand for offshoot bitcoin
cash (BCH) skyrocketed over the weekend, which sent BTC falling
as low as $5,600.

Since then though, the BTC juggernaut has rolled on while BCH
continues to decline from recent highs.

The latest BTC surge comes amid further regulatory developments
in the cryptocurrency market.

Overnight, the CEO of the Chicago Mercantile Exchange (CME)

said…


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