Growth occurs on the eve of anticipated launch of futures contracts on the bitcoin platform the owner of the new York stock exchange Bakkt. They have to launch on September 23.
A team of analysts at FxPro said:
“Bitcoin has jumped up over night more than $600, retracing lost ground late last week. The importance of the rebound is reinforced by the fact that along with the price in recent days by 55% and increased trading volume. Altcoins also received fairly strong growth momentum. However, given the previous phase of decline, this is clearly not enough to restore faith in the cryptocurrency.
The current rebound is associated with many factors: from the crisis in Argentina and restrictions on purchase of foreign currency in the country before the end of the summer lull and the expected launch of deliverable futures. However, if you consider the fact that trade volumes are growing large as in the correction and rebounds we can deal with routine trading entered the market of large investors.
Bitcoin is a great tool for speculation. Surely it is this attitude to the asset of big capital — and, hence, the dynamics of the reference cryptocurrency — will long be characterized by shock waves.”
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