Bitcoin breaks $123,000 price record
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Bitcoin vaulted past $120,000 for the first time on Monday, the latest milestone for the world's largest cryptocurrency as investors bet on long-sought policy wins for the industry this week, which has been dubbed "crypto week" by U.
6don MSN
Bitcoin's price momentum is putting the crypto on track for a 14% rally by year-end, according to a technical analyst. It hovered around $117,000 on Friday.
6don MSN
Bitcoin has traded in a tight range for several weeks, even though billions of dollars have flowed into bitcoin exchange traded funds.
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Bitcoin hits a record high of $120,000, continuing its upward trend. The cryptocurrency has been on a winning streak, setting records for three consecutive days. Bitcoin's value has surged 29% this year, reflecting growing investor interest and market momentum.
Bitcoin surpasses $118K as whales stay quiet and exchange inflows fall to decade lows, signaling low pressure.
U.S.-listed cryptocurrency stocks rose in premarket trading on Friday as bitcoin surged to a record high on growing optimism that regulatory hurdles would soon begin to ease.