Bitcoin Soars To Record High Above $116K
Topline
Bitcoin rallied Thursday to a new all-time high above $116,000, the latest milestone for the cryptocurrency in recent months as House Republicans appeared to stoke regulatory optimism among crypto investors.
House Republicans called the upcoming “Crypto Week” a step to make the U.S. the “crypto capital of … More
Key Facts
The price of bitcoin increased by more than 4% on the day to just under $116,000 as of around 7:35 p.m. EDT, after briefly setting a new record high of $116,626 earlier in the evening.
Thursday’s record-setting performance for bitcoin marks the first record for the cryptocurrency since May 22, when the price of bitcoin increased to a then-record high just below $113,000 before…
