Bitcoin Hovering Near Record Highs

The price of the digital currency bitcoin was hovering near record highs on Monday as investors remained bullish after futures markets operator CME Group (NASDAQ:CME) last week announced plans to launch bitcoin futures this year.

On the U.S.-based Bitfinex exchange, Bitcoin was trading at $7,340.20 by 06:56 AM ET (11:56 AM GMT).

Prices rose to a peak of $7,595.00 on Sunday, the highest level in bitcoin’s nine-year history. Bitcoin started the year near $1,000 and at current prices has a total market capitalization of around $123 billion…

Read Full: Bitcoin Hovering Near Record Highs