The arrival of a new futures contract that makes it easier to place short bets on bitcoin wasn’t enough to undercut the cryptocurrency’s march toward $20,000.
The digital token, up about 20-fold this year, added another 4.8 percent from its New York close on Friday to $18,379 as of 9:24 local time, according to prices on Bloomberg. That was in line with its new contract for January delivery, which at $18,650.