Home Business NewsBusiness Zooming up: Bitcoin hits $7,100 mark

Zooming up: Bitcoin hits $7,100 mark

by Purvai Dua
29th Aug 18 1:07 pm

Following months of volatility, Bitcoin has crossed the $7,000 valuation for the first time this month. The digital currency jumped 0.80 per cent to $7,109.90 on the Bitfinex exchange today.

The steady improvement comes despite the US Securities and Exchange Commission (SEC) rejecting a total of nine separate proposals for bitcoin exchange-traded funds (ETFs) last week.

After touching record highs of $20,000 last December, the digital currency has had a roller coaster year so far.

Meanwhile, Ethereum rose 2.31 per cent to $295.05 and Litecoin was up 2.32 per cent at $62.714.

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