Bitcoin jumps to new all-time high, surpassing prior record from January
Bitcoin rose to a new all-time high on Wednesday, breaking its January record.The price of the flagship cryptocurrency was last higher by 2% at $108,955.10, according to Coin Metrics. Earlier, it rose as high as $109,857.At one point, bitcoin had erased its gains, after Treasury yields spiked and stocks fell to session lows."Bitcoin's new high has been concocted by an array of favorable ingredients in the macro cauldron, namely softer U.S. inflation numbers, a de-escalation in the U.S.-China tra...
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