Bitcoin $20k? It’s heading that way as more futures trading begins

Bitcoin is heading towards the $20,000 mark as bitcoin futures trading is set to begin on another exchange.

Futures contracts on the cryptocurrency with CME Group will begin later on Sunday which is expected to bring a greater volume of trades of a bigger size than those on the Cboe market, on which the futures debuted last week.

Read more: Andrew Bailey: Bitcoin investors should be prepared to lose all their money

Bitcoin's on a tear, though subject to volatility, pushing above $19,000 overnight according to Coindesk.

Meanwhile, online brokerage TD Ameritrade will add bitcoin futures trading to its platform from monday amid growing demand for the cryptocurrency. It will offer access to Cboe contracts.

Investors were warned last week by the UK's top financial regulator to be prepared to lose all of their money if they put cash into bitcoin.

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