The cryptocurrency’s price began trending up immediately after Friday’s announcement of a futures trading date by CME. It picked up steam and crossed $11,000 for the second time this week, peaking at $11,154.68 at 10:08 UTC Saturday, before sliding down to $10,872.38 at 11:46 UTC. At 16:31 UTC on December 2, the price for a single bitcoin was $10,752.60, down 1% in the last 24 hours. On an overall basis, it is still up by 1,000 percent since the start of this year.
Other cryptocurrencies in the top 10 most-traded were a mixed bag. Five of them registered minor declines while the remaining were mostly unchanged. Litecoin was the big winner and reached a high of $104.99 at 10:37 UTC Saturday due to enthusiasm about atomic swaps, which allow people on two different blockchains to conduct trades with each other, that will be implemented on its blockchain soon.