Bitcoin Futures Jump Above $18,000 Ahead Of CME's Launch

The cryptocurrency Bitcoin shot up nearly 8% Friday morning on Cboe Global Markets (CBOE), as investors await the launch of CME Group's (CME) Bitcoin futures on Monday.

X CBOE's Bitcoin futures contracts, which began trading on Sunday, were up 7.7% to $18,090. Bitcoin's spot price was $$17,692.38 on Coindesk, up 7%.

Bitcoin Investment Trust (GBTC), a Bitcoin-tracking investment vehicle, rose about 7% in the stock market today.

The moves in the market come as more officials warn against...

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