Dec
11

Bitcoin’s First 24 Hours on Wall Street Feed Euphoria and Doubts

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  • New futures fly higher than bitcoin, prompting mixed reaction
  • The ‘market opening was a mild disaster in many respects’

Bitcoin’s triumphant debut on Wall Street hasn’t ended the financial industry’s skepticism.

The new breed of futures contracts that launched on Cboe Global Markets Inc.’s exchange late Sunday quickly became a 24-hour microcosm of bitcoin’s own wild ride this year, marked by technical glitches and surging valuations. The first day left true believers cheering, yet kept many mainstream financial professionals peering uneasily from the sidelines…

Bitcoin’s First 24 Hours on Wall Street Feed Euphoria and Doubts

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Categories : Finance

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