Bitcoin, crypto and Price Index
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The price surpassed the giddy level hit just hours prior to the inauguration of President Trump on January 20.
Bitcoin breaks through $111,000 for the first time as investors seek alternatives to traditional safe havens amid weak demand for government bonds.
Bitcoin prices jumped 1.5% Wednesday to an all-time high of $108,671.62. The cryptocurrency has been climbing since a recent low set in early April, when investors were selling all types of risky assets during the height of President Trump's trade war.
Bitcoin futures open interest hits $72B as BTC nears $113K. Analysts eye $117K–$120K if resistance breaks. Here’s what traders need to watch.