Bitcoin tops $71,000 for first time since June as US election nears

Bitcoin rose past $71,000 for the first time since June, bolstered by inflows into dedicated exchange-traded funds as well as speculation about potential outcomes from next week’s US election.

The largest digital asset climbed more than 2 per cent, changing hands at $71,310 as of 10:45 a.m. on Tuesday in Singapore. Second-ranked Ether and meme-crowd favorite Dogecoin both added about 4 per cent.