Business
Why the Bitcoin price is rocketing towards new record highs again – The Motley Fool Australia
The Bitcoin price breached the US$58,000 level this morning, within a whisker of a new record high. We take a look at why.
Home / Share Market News / Why the Bitcoin price is rocketing towards new record highs againBoom! Did you hear that?
That was the sound of Bitcoin (CRYPTO: BTC) breaking back above US$58,000 this morning.
According to data from CoinDesk, the world’s largest cryptocurrency by market cap hit US$58,150 (AU$74,550). In the past hour, it’s retraced some, back to US$57,830. Though by the time you read this it could be hundreds of dollars higher…or lower.
Such remains the volatile nature of these digital…
-
Noosa News22 hours ago$20 million program to help women return to work
-
General18 hours agoAustralia’s Diamonds defeat South Africa’s Proteas 65-42 in third netball Test
-
Noosa News22 hours agoSerious traffic crash, Noosa – Sunshine Coast
-
General22 hours agoRecord beach patrols in South Australia this summer as life savers help battle algal bloom