Bitcoin price & Altcoin analytics

London bridge is falling down, falling down, falling down,
London bridge is falling down, my fair Lady…

Bitcoin exchanges in India suffer bad times as the biggest national Banks of the country have frozen their accounts. The news led to turmoil in the domestic market as well as bringing the price of bitcoin down.

The futures markets are in full swing and price action on the Bitcoin trade has garnered a tremendous amount of activity over the past few weeks. The transaction memory pool has become filled with outstanding transactions to confirm. The average amount of transactions per block is close to an all time high. Bitcoins market dominance has dropped from a recent high on December 7th of 64% to now treading above 50% as the altcoin market has exploded this past week.

The launch of CBOE’s futures made the Bitcoin price skyrocket to another all-time high of over $17,700. However, a couple of hours later we have seen a pullback. The price of BTC at the time of writing is $16,964.

Some might think Monday is a tough day, but not for Bitcoin, as it has broken through a new all-time high of $17,000.

Bitcoin price broke through the $15,000 threshold as CME’s launch comes closer.

The upsurge of BTC price goes on. Bitcoin rated $13,200 on CoinMarketCap. This has probably become possible owing to CBOE’s and Gemini’s listing of bitcoin futures.

It seems Bitcoin has fully recovered from the major $9,000 price correction. As of the time of writing, the BTC price at CoinMarketCap amounts to $11,931, which is another all-time high.

It seems the market has gone mad. Bitcoin is surging further, reaching all-time highs every day. However, despite such an overwhelmingly bullish uptrend, there are high chances of a significant correction.