Bitcoin has seen eye-watering gains in recent months and has
more than doubled in value in the past seven weeks alone. It hit
as high as $7,066.44 on the Luxembourg-based Bitstamp exchange
The latest rally was driven by news earlier this week that the
world's largest derivatives exchange operator CME Group <CME.O>
is to launch bitcoin futures.
The price move takes bitcoin's aggregate value, or "market cap"
-- its price multiplied by the number of bitcoins released into
circulation -- to more than $117 billion, according to industry
The aggregate value of all cryptocurrencies is now at a record
high of over $190 billion, the website said.
(Reporting by Jemima Kelly, Editing by Abhinav Ramnarayan)
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