New Headline: Bitcoin Hits Record High Above $109,000 Amid Improved Sentiment
Bitcoin has surged to a new all-time high, surpassing its previous peak from January and reaching over $109,000. This rally is attributed to improving risk sentiment driven by easing US-China trade tensions and Moody’s downgrade of US sovereign debt, prompting investors to seek alternatives to the dollar. Increased institutional interest, including JPMorgan allowing clients to … Read more