The Business Times
business-time-50

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

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

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Bitcoin

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    The divergence between stablecoin legislation in the US and Europe is striking, reflecting broader debates about monetary sovereignty and financial stability.

    Could stablecoins be the future of money?

    Malaysian Chinese bag-maker Liew Bin now sees value in protectionist measures as low-cost competition from China threatens Malaysian small and medium-sized enterprises.

    Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing

    For affluent investors, wealth spanning markets, businesses and generations calls for careful consideration.

    Global expertise and tailored solutions: How affluent S’poreans can grow and manage wealth across markets

    Nicholas Tan, Bank Jago’s retail banking director, says the lender wants to retain customers by providing broader financial services and increasing engagement.

    GIC-backed Bank Jago sees wealth management as next growth engine as Indonesian investor base grows

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More