Bitcoin tops $80,000 for first time since May
The cryptocurrency is up about 38% from its late-June to early-July low below US$58,000.
We haven't written up this one. Tech in Asia has the full story — the link below goes straight to it.
More in Finance & Markets
Indian rupee may cling to subdued rhythm, improved portfolio inflows lend support
MUMBAI: The Indian rupee is poised for another subdued trading session on Tuesday with traders expecting the central bank to lean against pressure on the currency, while a modest pickup in portfolio inflows is also expected to offer support.
Bitcoin rides debasement trade to 3-month high above US$80,000
Bitcoin is back in favour after the US said it will step up its bond repurchases in a bid to bring long-term yields lower.
- Bitcoin reaches $80,908, highest in 3 months
- 23% rally over past week, largest in 3 years
- Debasement trade boosted by Treasury's bond repurchases
Bitcoin jumps 3%, closing in on $80,000 as rally gathers pace
Bitcoin closed in on the $80,000 mark, as renewed inflows into spot bitcoin ETFs and improving risk appetite extended the cryptocurrency's recent rally.
Bitcoin jumps 3%, closing in on $80,000 as rally gathers pace
Bitcoin closed in on the $80,000 mark, as renewed inflows into spot bitcoin ETFs and improving risk appetite extended the cryptocurrency's recent rally.