That has also coincided with continued weakness in the dollar [File] | Photo Credit: REUTERS The price of Bitcoin rose to its highest level on record on Wednesday, eclipsing the previous high from January, as risk sentiment continues to improve after last month’s tariff-induced sell-off. The world’s largest cryptocurrency touched a high of $109,481.83, a…

Bitcoin set a new all-time high above $111,800 as the US 20-year bond auction met weak demand. The weak 20-year bond auction sparked a rise in Treasury yields across the 10-, 20- and 30-year notes. As yields soared, the S&P 500 and BTC declined briefly, but the top crypto quickly recovered its losses. Bitcoin (BTC)…

BlackRock’s iShares Bitcoin Trust (IBIT) has seen its largest inflow in the past two weeks as traders allocate to US spot Bitcoin exchange-traded funds (ETFs) to scoop up the rocketing cryptocurrency. IBIT’s May 21 net inflows hit $530.6 million, its biggest single-day net inflow since it took in $531.2 million on May 5, according to…

In brief ZachXBT, renowned for uncovering crypto scams, is being taunted for exposing details of the Coinbase hack. An on-chain message links to a YouTube meme video showing NBA legend James Worthy smoking a cigar. The hacker has so far swapped $42.5 million from Bitcoin to Ethereum via THORChain.. The threat actor behind massive thefts…

Bitcoin (BTC-USD) hit an intraday high above $109,500 on Wednesday, driven by bullish momentum and a strengthening regulatory outlook for crypto. At around 5:30 p.m. ET, the token was trading north of $108,000 even after bond yields rose and the broader market slid. The token has jumped more than 40% since falling to around $76,000…

In early April, cryptocurrency traders were wondering just how far the price of bitcoin could fall after US President Donald Trump’s so-called “liberation day” tariffs injected mayhem into global financial markets. The exodus from risk assets such as equities and cryptocurrencies sent bitcoin tumbling to near $US74,000 – a 32 per cent slump from its…

In brief Bitcoin hit a new all-time high above $111,000 amid strong ETF inflows and macroeconomic tailwinds. Analysts say “alt season” could follow if Bitcoin dominance reaches 70% and liquidity increases. Ethereum continues to lag, while Solana and Sui outperform on scalability and developer traction. Bitcoin surged to a fresh all-time high above $111,000 on…

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Quick Read Summary is AI generated, newsroom reviewed. Bitcoin reached a new all-time high of $109,857 on Wednesday. The cryptocurrency’s value increased nearly 2% to $108,955 at last check. Improved market sentiment is boosting Bitcoin alongside tech stocks. Bitcoin surged to a new all-time high on Wednesday, climbing past its previous January record in a…

El Salvador’s Bitcoin holdings have reached an unrealized profit exceeding $350 million, reflecting a 124% gain on the country’s investment as Bitcoin’s price climbed to $110,000 El Salvador’s Bitcoin holdings have reached an unrealized profit exceeding $350 million, reflecting a 124% gain on the country’s investment as Bitcoin’s price climbed to $110,000. The nation’s Bitcoin…