E-Paper | December 23, 2024

Bitcoin hits highest in more than two years

Reuters Published February 13, 2024

LONDON: Bitcoin rose by 4% to $49,477.75 on Monday, its highest since December 2021.

The cryptocurrency has risen some 15.7% so far this year, helped by regulators approving U.S. spot bitcoin ETFs and expectations for interest rate cuts.

At 1535 GMT, bitcoin was up 3.9% on the day at $49,390.

Published in Dawn, February 13th, 2024

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