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Bitcoin tops $67,000 to reach highest level since July

Binu Mathew
By Binu MathewOctober 16, 2024

Bitcoin surged past $67,000 for the first time since July, boosted by a rally in U.S. stocks that renewed investor optimism for riskier assets like cryptocurrencies.

“Sentiment jumped sharply to ‘greed’, ” analysts at FxPro was quoted as saying by Bloomberg.

The leading cryptocurrency rose by as much as 2.45 per cent, reaching $67,520 as of 9:58 a.m. in New York.

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