Bitcoin has had a further surge in recent days, ahead of the so-called “Crypto week” in the US which starts today, hitting $122,000 in Asian trading this morning.
Bitcoin has been on a fast-rising trajectory in recent weeks, passing $120,000 for the first time, as corporate investors raise the stakes, given the widely held view that the US administration is a crypto-friendly one, and ahead of the US “crypto week” that kicks off later today.
This morning (July 14) Bitcoin hit a further high of $122,000 in Asian trading. Investing.com attributed the surge in large part to the acquisition by Japanese hotelier Metaplant of 797 Bitcoins, bringing its holding to 16,352 coins, and cementing its…