Bitcoin (EXANTE: Bitcoin) price hit $10,000 for the first time Tuesday. It traded at $10,009 on the CEX exchange on Tuesday morning before dropping back down, Sky News reported.
Over this calendar year, the digital currency has increased 1,000% in value and is continuing to attract investors. Bitcoin has surged through a number of symbolic milestones in recent weeks, showing an exponential curve on value-tracking charts.
Botcoin has gained serious interest from financial institutions, with CME Group announcing its plans to launch a futures market in Bitcoin by the end of the year.
CME Group's contracts will be settled in cash, meaning that investors would not receive Bitcoin at a lower (or higher) rate, but the difference in price in dollars.