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Australian share market opens high as bitcoin smashes through new record – ABC News

Bitcoin hits more than $27,000 per coin as it becomes a more mainstream payment method. The ASX200 rises slightly at the open and Nine Entertainment upgrades its…

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Australian shares have opened on a high as bitcoin breaks a new record and Nine Entertainment forecasts improved growth.
Key points:

  • The Australian dollar has risen again after yesterday’s 2.5-month high to 75.7 US cents.
  • Bitcoin has hit an all-time peak of $27,477 and has gained more than 170 per cent this year
  • Zip Co rose 5.8 per cent to a two-week high after raising $120 million from institutional investors

The ASX200 was up 0.6 per cent at the open to 6,721 points and the All Ords rose to 6,965…

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