Bitcoin hits highest price since July

Bloomberg reported that the bitcoin currency rose to its highest level since July after investors resorted to risky assets amid the fall of the dollar.

Bitcoin rose 10.1% to $21,341 on Friday night.

But despite the rise in the price of bitcoin today, it is still losing 50% of its value compared to last year.

The dollar today, on Friday, fell by 0.9%.

Ether, the second-largest cryptocurrency, surged 5% to $1,717.
Notably, bitcoin dropped to $18,540 on Wednesday.

Source: Bloomberg.

Related Stories

Leave a Reply