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Total cryptocurrency market capitalization has reached $200 billion as Bitcoin (EXANTE: Bitcoin) price gains over 5.68% hitting new all-time high of more than $7400, Coinspeaker reported.

Bitcoin price is up over 5.68% for the last 24 hours, and its market capitalization has now peaked at over $123,4 billion.

Newly created cryptocurrency Bitcoin Cash (EXANTE: Bitcoin.Cash), which is making significant gains, trading at around $673.85. BCH, has risen 19.67% over the last 24 hours, and made incredible 91.65% over the last 7 days.

The Bitcoin price made fresh gains this week after derivatives giant CME Group (NASDAQ: CME) said it would introduce Bitcoin futures by the end of the year. The futures will be cash-settled and will be based on the CME CF Bitcoin Reference Rate (BRR).

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