Bitcoin surged to a record high above $106,000 in early Asian trade on Monday, boosted by comments from President-elect Donald Trumpthat suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve. "We're gonna do something great with crypto because we don't want China or anybody else - not just China but others are embracing …
The price of the world's largest cryptocurrency, Bitcoin, dropped by 5.60% in today's intraday trading to reach $66,650. This decline reflects waning enthusiasm in the crypto market, influenced by the increasing challenges to achieving looser monetary policy in the US. The positive ISM data has raised expectations that the US Federal Reserve may refrain from cutting rates in June. Following …
