(CNBC) Bitcoinrallied to a new all-time high on Monday as investors awaited an expected interest rate cut by the Federal Reserve later this week. The price of the flagship cryptocurrency was last higher by nearly 3% at $106,126.74, according to Coin Metrics. Earlier it rose as high as $107,229.38, a new record. Ether rose 3% to break through the key $4,000 level. The broader crypto market, as measured by the CoinDesk 20 index, traded more than 1% higher.
Bitcoin rises to new record above $107,000 ahead of this week’s Fed decision
This entry was posted in Syndicated. Bookmark the permalink.
