Bitcoin tops $8,700 to tape high as Coinbase adds 100,000 users

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second week of December. The launch of a derivatives product for the digital currency will mark another action in developing bitcoin as a genuine asset class.Bitcoin one-week efficiency Source: CoinDesk U.S. dollar-bitcoin trading volume accountsfor 24 percent of overall trading in the cryptocurrency, according to CryptoCompare. The Japanese yen has the biggest share at 59 percent, while the South Korean won comes third at 10 percent, according to the website.The bitcoin spin-off, bitcoin cash, traded somewhat lower around$1,592, inning accordance with CoinMarketCap.

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