Cryptos: Bitcoin stages parabolic rise to near $14,000, surging 320% since December as euphoria sets in — again [MarketWatch]
CME Group Inc. - Class A (CME)
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Source: MarketWatch
Bitcoin stages parabolic jump to near $14,000, surging 320% since December as euphoria sets in — again A crypto winter for digital assets has given way to a white-hot summer. The world’s No.1 cryptocurrency rose to its highest level in about 17 months Wednesday, extending its rally to nearly 60% in June so far. At the day’s peak, bitcoin futures BTCM19, +20.17% hit an intraday high on CME Group Inc. CME, -3.17% at $13,680, and isn’t far from that level now at $13,330 in afternoon action, according to FactSet data. Bitcoin prices BTCUSD, +20.93% on CoinDesk also were surging, near $13,272. Gains for bitcoin, the digital coin created back in 2009, have taken its market value, the total of all bitcoin’s in circulation, to $237 billion. Wednesday’s rally means that bitcoin’s value now represents 62.6% of all digital currencies tracked by data site CoinMarketCap.com . At its peak on Dec. 16, 2017, bitcoin’s market value was at $326.5 billion. It’s unclear what has driven bitcoin’s
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CME
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- 3/27/24 - Form 4
- 3/22/24 - Form 4
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