Investing
Bitcoin rises above $40,000
SINGAPORE (Reuters) – Bitcoin broke above $40,000 on Wednesday and headed for another attempt at breaking from its monthslong range as short sellers bailed out and traders drew confidence from recent positive comments about the cryptocurrency by high-profile investors.
Bitcoin was last up 1.7% at $40,149 while rival cryptocurrency ether rose 1% to $2,328. Bitcoin is within a whisker of rising through its 100-day moving average.
(Reporting by Tom Westbrook; Editing by Jacqueline Wong)
-
Business4 days ago
docStribute appoints ex-Group CIO of Newcastle Building Society as Non-Executive Director
-
Technology4 days ago
How to Use AI to Optimize Customer Relationships
-
Business4 days ago
What Every Small Nonprofit Needs to Know About Form 990-N
-
Finance4 days ago
stc Bahrain and Aleph Zero Partner to Advance Blockchain DePIN Across the Gulf Region