Bitcoin Surge

Bitcoin price today: The world's largest crypto-asset by market capitalisation rose as much as 1.27 per cent to $124,514.57 on Thursday

He expects the funds to come into the digital network from Russian real estate, Chinese private equity, and markets in Africa and South America

Bitcoin, the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded at $105,688

VC investment in crypto startups reached $2.5 billion during the first quarter of 2024, a 32% increase from the last quarter and roughly even with the same period last year

Supply of bitcoin, which is limited to 21 million tokens, is set to get tighter in April, when the so-called "halving" event takes place

There's definitely something of an irrational behaviour creeping into the market," said Kyle Rodda, senior markets analyst at Capital.com

It is set for its biggest monthly gain in more than three years and at $62,315 in Europe on Thursday is within range of its late 2021 record high just under $69,000

Traders drew confidence from recent positive comments about the cryptocurrency by high-profile investors

The digital currency was trading up 3.3% at $54,206 amidst a broadly supportive risk rally, climbing toward a record high of $58,354.14

The world's most popular cryptocurrency jumped to an all-time high just below $55,772, posting a weekly jump of 13%

The world's largest cryptocurrency jumped as much as 4.9 per cent to $50,548 and is now up about 70 per cent, so far this year

The currency gained as much as 7.8 per cent to $34,182.75, before slipping to about $33,970 as of 3:05 p.m. on Sunday in Singapore

Listen to the podcast to know about the massive rally in Bitcoin's price and does it stand a chance to replace gold as an investment bet?

Cryptocurrencies may also get a boost after China's state-owned news agency Xinhua reported the country plans to speed up development of blockchain technology and industry

The largest cryptocurrency surged as much as 14 per cent from Friday's close and traded at $11,809 at 10:35 a.m. in New York

Bitcoin fell nearly 30 per cent at one stage on Friday to $11,159.93

The digital currency had risen around twentyfold since the start of the year, climbing from less than $1,000 to as high as $20,000 on December 17 on exchanges

The cryptocurrency has risen 1700 percent in value in the same period

The twins' Gemini exchange to provide data for Cboe futures, due today

In India, the term 'ponzi' is often used for illicit collective investment schemes