Bitcoin Behemoth Blazes to $16,000

The behemoth that is Bitcoin is building fast. $13,000, $14,000, $15,000 and now $16,000, with very little time in-between to contemplate each milestone.

The forthcoming launch of CME, CBOE and Nasdaq Bitcoin futures markets, Marvin Goodfriend's nomination to the Federal Reserve's Board of Governors and the flood or regular folks speculating on the market, have all been put forward as possible contributors to the rise and rise of Bitcoin.

In the time that it took to type the sentences above, the price has already shot up an additional $200. This is one fast market and every time a pullback seems imminent the price just continues to push onwards and upwards.

​17k may not be far away.

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