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Bitcoin trades above US$25,000 for first time since mid-June

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Published Sun, Aug 14, 2022 · 04:50 PM
    • Bitcoin has gained 1.6 per cent to US$24,882 around 4 am New York time after rising over 2 per cent to trade above the US$25,000 mark.
    • Bitcoin has gained 1.6 per cent to US$24,882 around 4 am New York time after rising over 2 per cent to trade above the US$25,000 mark. PHOTO: REUTERS

    BITCOIN surpassed US$25,000 for the first time since mid-June before paring gains. 

    The largest cryptocurrency gained 1.6 per cent to US$24,882 around 4 am New York time after rising over 2 per cent to trade above the US$25,000 mark. It is still down 46.5 per cent year-to-date.

    Ethereum was up about 1 per cent at US$2.011.47. BLOOMBERG

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