Following bitcoin's stunning mid-week streak, in which it broke through both $10,000 and $11,000 in quick succession, the volatile asset just as quickly plummeted back down to around $9,500. Bitcoin failed to gather momentum from that point until yesterday, when the US regulator gave exchanges the green light to launch bitcoin futures contracts.
The Commodity Futures Trading Commission (CFTC) said CME Group and Cboe Global Markets had agreed to put "significant enhancements" in place to protect customers as it warned investors to be aware of the "potentially high level of volatility and risk" in trading bitcoin.
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