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Bitcoin hits new record above $65,000 after Wall Street foray
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Bitcoin struck a record high Wednesday, a day after its foray onto Wall Street, as stocks largely held steady as investors tracked earnings and economic data.
The dollar was mixed against its main rivals, while oil prices retreated.
Bitcoin briefly soared to above $65,000, a day after a financial instrument dedicated to the unit made its debut on the New York Stock Exchange.
The Bitcoin Strategy ETF, a new exchange-traded fund linked to bitcoin futures rather than directly to the currency, rose nearly five percent in its first day of trading on Tuesday.
The fund should be a more accessible vehicle for mainstream investors, and could therefore boost trading in the cryptocurrency.
"There is a possibility that the impact of the ETF's launch might
Read more on moneycontrol.comAbout this in other media
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Why now? SEC took eight years to authorize a Bitcoin ETF in the US cointelegraph.com /3 years ago
Is excessive bullish optimism behind Bitcoin’s drop below $60K? cointelegraph.com /3 years ago
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