Reported about 5 hours ago
Bitcoin achieved its largest increase of the year, surpassing $100,000 as positive US inflation data boosted confidence in potential interest rate cuts by the Federal Reserve. The digital currency was trading at $100,420 early Thursday in Singapore, following a more than 3% rise the previous session. Other cryptocurrencies, like Ether and XRP, saw even sharper gains. Market speculation now focuses on upcoming policies from President-elect Trump, with expectations of actions favorable to the crypto sector.
Source: YAHOO