Bitcoin rises above $80,000 for first time
- 10 Nov 2024
Picture used for illustrative purpose only.
Bitcoin was trading near record $80,000 on Sunday after hitting it earlier in the session.
Bitcoin, the world's biggest and best-known cryptocurrency, is up 65.4% from the year's low of $38,505 it hit on Jan.23.
Bitcoin was up 0.8% after hitting a record high, following a nearly 10% surge this week.
President-elect Donald Trump has vowed to make the United States "the crypto capital of the planet."
After a roller-coaster week, gold fell 0.9% to $2,683.87. It slumped more than 3% on Wednesday, but bounced 1.8% overnight.
Last week it surged to an all-time high of $2,790.15. Brent crude oil futures pared losses during London trade and were last down 2.1% at $74.01, US West Texas Intermediate crude fell 2.6% to $70.45.
Reuters
