Business
ASX adds 0.6% as heavyweights rise; Afterpay, Zip Co surge – The Sydney Morning Herald
The ASX 200 pulled higher on Thursday after the Nasdaq hit a new record and the S&P 500 rose on stimulus hopes. Iron ore rose and Bitcoin touched a new record.
Bitcoin is the first blockchain cryptocurrency, which operates through peer-to-peer exchanges around the world without a centralized hub. Its trading history is marked by volatility; it last came close to breaching $US20,000 in 2017, when it peaked at $US19,783, according to Investopedia.
The currency has been on a tear this year, surging more than 150 per cent amid more mainstream integration with investors and tech firms.
The co-founder and chief executive of global multi-asset investment eToro,…
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