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This week has seen more signs that bullish trends have returned to Bitcoin (BTC) and the entire cryptocurrency market. The next bull run could be near.

The way the United States stock market picked up this year stunned cynics, and even up to now, indexes have gone on to rally regardless of the disappointing performance and holdups of the FAANG stocks. However, the Wall Street analysts are forecasting that next year (2020) will more likely be an inactive period. Now the big question is whether or not Bitcoin and crypto markets will have all the necessary attention.

It is indeed a historic turning point for blockchain and major cryptocurrencies, as the New York Exchange (NYSE) opens its doors to Bitcoin, the world’s leading digital currency.

The beta-testing of Bitcoin futures contract for ICE-backed cryptoasset trading platform Bakkt was carried out successfully, as per the press release from Mr. Adam White, the COO of Bakkt. The platform has industriously launched customer acceptance testing for its cryptocurrency futures traded and cleared at Intercontinental Exchange Futures US and ICE Clear US respectively.

It is not ‘unreasonable’ for businesses and networks to develop, promote and use their own tokens and cryptocurrencies. Many Initial Coin Offerings (ICOs) have been questioning whether or not a network needs its own cryptocurrency (token). The networks want to replace Bitcoin, Ethereum, Ripple and other major coins with their own tokens.

Bakkt, a platform designed to support cryptocurrencies and Bitcoin (BTC) futures, is now getting ready to roll out soon, according to Jeffrey Craig Sprecher, the head of the Intercontinental Exchange (ICE), the parent company of Bakkt, however, he never revealed or set a company timeline.

Although Bitcoin managed to get back on its track and 2019 is remembering about the 2017 incredible bull run, analysts at JPMorgan Chase believe that the market is completely different now, even though the performance is quite impressive:

In the past weekend, Bitcoin surged up to $9,381 with the increasing rate of 7% in 24 hours which makes bitcoin’s market cap be over $165 billion US dollar, hitting the highest record so far in 2019. Since BTC’s breaking $8,000 mark in May, it continues its upward movement though there are some pullbacks. Why BTC managed to rise above $9,000? Here are 5 reasons may be contributing to the Bitcoin bullish run.

It seems bulls can throw a long-lasting party, as major cryptocurrency coins continue to show growth. The rally leader as of press time is Ethereum with its spectacular 14% increase.