‘Fast money’ drives Bitcoin, ether to new record highs – Reuters

‘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.