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Bitcoin hits all time high above $17,300 after bitcoin futures premiere

Dec 12, 2017, 02:10 IST

MI

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  • The price of bitcoin, the red-hot digital currency, topped its previous all-time high set Friday, according to data from Markets Insider.
  • Bitcoin was trading up more than 14% against the US dollar on Monday at a record $17,346, less than a day after the launch of Cboe's bitcoin futures market.
  • The price picked up just after Coinbase's cryptocurrency exchange, GDAX, went back online after a very brief crash.
  • Bitcoin is up more than 1,500% year-to-date.

Story is developing check back for updates.

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