Bitcoin surpasses the value of $6500

The recent news about a new futures platform developed by CME Group might have stimulated the growth of Bitcoin even higher, as the media suggests. That’s why the oldest and most popular cryptocurrency in the world has just been seen surpassing six and a half thousand dollars. News about Bitcoin hitting the new all-time high are becoming mundane, it seems.

                                           Stats courtesy of Coinmarketcap.com

As the experts from FxPro lately explained to Bitnewstoday, the cryptocurrency market in its current phase reminds of the stock market a hundred years ago, when securities were traded directly and news were the main factor, the primary driver of growth and downfalls of assets. Other probable reasons that this company analysts can name for the current growth are: good reception of the market by the authorities of Singapore, Hong Kong and, of course, United States of America.

The price of Bitcoin is connected to the capitalization of the whole cryptocurrency market and greatly influences it, so the current capitalization levels shown at Coinmarketcap are $183.5 billion.