2017.12 · 랠리
Peak of the bubble — $20,000
Fueled by the ICO boom and an influx of retail investors, Bitcoin surged to $19,783.
The Ethereum-based ICO (Initial Coin Offering) boom absorbed capital into the broader crypto market. The listing of Bitcoin futures on CME and CBOE was read as a signal of institutional entry, but it also coincided with a near-term top. It was also a period when retail investment manias in Korea and Japan drove global prices.
$19,783 peak
Sources & references
- CME Group — CME — Bitcoin Futures Launch ↗
The Chicago Mercantile Exchange's Bitcoin futures product page, with contract specifications and quotes.
- Reuters — Reuters — Bitcoin nears $20,000 ↗
Market data and analysis from when Bitcoin was approaching the $20,000 level.