‘Fast money’ drives Bitcoin, ether to new record highs – Reuters
- Date: 09-Nov-2021
- Source: Reuters
- Sector:Financial Markets
- Country:Middle East
‘Fast money’ drives Bitcoin, ether to new record highs – Reuters
SYDNEY (Reuters) -Bitcoin and ether made record peaks in Asia trade on Tuesday as enthusiasm for cryptocurrency adoption and fears about inflation leant support to the asset class.
FILE PHOTO: A representation of the virtual cryptocurrency Ethereum is seen among representations of other cryptocurrencies in this picture illustration taken June 14, 2021. REUTERS/Edgar Su/Illustration
Bitcoin rose as high as $67,803 and ether, the second-biggest cryptocurrency by market value, hit $4,825 in early Asian hours.