The Economic Times7
Bitcoin's meteoric rise is attracting a ton of attention. Is it ready for the mainstream?
Bitcoin climbed past $7,000 for the first time, breaching another milestone less than one month after it tore through the $5,000 mark.
Spot pricing for bitcoin climbed as much as 7.1% to a high of $7,045.46 before pulling back slightly to $6,977.40 at 9:27 a.m. in London. The cryptocurrency is up as much as 640% this year and is now worth more than $100 billion.
The digital currency got new impetus this week after CME Group, the world's largest exchange owner, said it plans to introduce bitcoin futures by the end of the year, citing pent-up demand from clients.
Do not let spacious plans for a new world divert your energies from saving what is left of the old.
- Winston Churchill
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