Bitcoin Hits Record High of Over $12,000
Duration: 00:42s - Published: 5 hours ago< > Embed The cryptocurrency showed strong numbers Wednesday morning.

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Bitcoin surged above $12,000 Wednesday, breaking its own record a week after setting it.

Bitcoin hit the new record high as CBOE Global Markets and CME Group Inc. announced plans to trade Bitcoin futures starting in mid-December.

The Nasdaq also reportedly plans to introduce Bitcoin futures in 2018.

SEE MORE: A Rival Bitcoin Was Just Created From Within The cryptocurrency started the year under $1,000 , and it's still pretty volatile.

On Wednesday last week, Bitcoin hit a then-all-time high of over $11,000 before dropping to around $9,000 on Thursday.

Bitcoin has been criticized by some experts who call it a dangerous bubble.

Still, it's clearly picking up some traction.

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Bitcoin Hits Record High of Over $12,000