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Saturday, December 10, 2022

Bitcoin Surges Past $10,000

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Bitcoin surged past $10,000 once again amid optimism digital assets will continue to benefit in the wake of unprecedented global fiscal and monetary stimulus.

Bitcoin rose about 5% on Tuesday to trade around $10,168 as of 10:05 a.m. in New York. The rally catapulted the coin to its highest level since mid-February.

Bitcoin has advanced more than 40% this year, while peer tokens, including Litecoin and Bitcoin Cash, have also posted double-digit gains. Bitcoin still remains about 50% below its all-time high set before the collapse of the crypto bubble in late 2017.

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