On Wednes­day, bitcoi­n smashe­d throug­h $10,000 before rocket­ing past $11,000LONDON: Bitcoin rebounded on Friday to hit the day’s highs above $10,500, recovering from an earlier dip below $9,500, after the US derivatives regulator said it would allow CME Group (CME.O) and CBOE Global Markets (CBOE.O) to list bitcoin futures. It has been a volatile week for the biggest and best-known cryptocurrency. On Wednesday, bitcoin smashed through $10,000 before rocketing past $11,000 less than 12 hours later to an all-time-high of $11,395, and then plunging around 20% in the hours that followed. Published in The Express Tribune, December 3rd, 2017. Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

Source: The Express Tribune December 03, 2017 05:48 UTC