Jameson Lopp, a highly regarded bitcoin developer and the lead engineer at BitGo, has stated that the bitcoin price is building momentum to get through the SegWit2x hard fork scheduled for November 16.
Since early October, the price of bitcoin has increased from $3,300 to $7,400, by over $4,100 within a 30-day span. Several analysts like Max Keiser have attributed the recent surge in the price of bitcoin to the market’s optimism surrounding the launch of bitcoin futures exchanges by CME and CBOE, two of the world’s largest options exchanges.
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