The digital cryptocurrency Bitcoin has hit the moon, reaching an all time high of $10,000 New Zealand Dollars.
Driven by possible performance enhancing forks including Bitcoin Cash, Bitcoin Gold and the Segwit proposals, Bitcoin has taken off in the last few months. On several exchanges it has a USD high of $7066.
Further to this the CME group (an American financial market company operating the world's largest options and futures exchange) just announced it will add Bitcoin to its portfolio.
Bitcoin now has a market cap (total value of all Bitcoin circulating) of nearly 120 billion USD. The total cryptocurrency market is now worth a staggering 190 Billion USD.
New Zealand based Cryptopia has been at the forefront of local exchanges, with a recent user interface update and an influx of alternative cryptocurrencies being listed.
Article by Andrew Butler of CryptoCult
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