Bitcoin Surges Past $100,000 on Expected Inflation Data
Cryptocurrencies surged on Wednesday, with bitcoin retaking the $100,000 mark following November inflation data. The flagship cryptocurrency rose 5% to $101,413.74, according to Coin Metrics, while ether also increased by 5%. The CoinDesk 20 index jumped more than 6%, with crypto stocks Coinbase and MicroStrategy advancing 3% and 9%, respectively. The surge in bitcoin’s price … Read more