Bitcoin soars 10% to 2-1/2 year high


Illustration shows Bitcoin logo, representation of cryptocurrencies and rising stock graph

Bitcoin logo, representation of cryptocurrencies and rising stock graph are seen in this illustration taken, July 7, 2022. REUTERS/Dado Ruvic/Illustrations/File Photo Acquire Licensing Rights

SINGAPORE, Oct 24 (Reuters) – Cyrptocurrency bitcoin leapt as much as 14% to a 2-1/2 year high of $34,283 in early Asia hours on Tuesday, on speculation that the U.S. could soon approve a bitcoin exchange-traded fund.

Bitcoin was last up 10% at $33,030. Smaller rival ether was up 6% at $1,763.

Reporting by Tom Westbrook; Editing by Christopher Cushing

Our Standards: The Thomson Reuters Trust Principles.

Acquire Licensing Rights, opens new tab



Source link

Previous articleJapan Investigates Google Over Alleged Antitrust Violations
Next articleMid-Range 750W PSU With 12VHPWR