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Bitcoin hits a record high. Heres why.

Thursday, May 22 by ABC News

(NEW YORK) -- Bitcoin surged to a record high on Thursday, vaulting more than 3% in early trading and hurtling past $110,000 for the first time.The price of bitcoin stood at $111,385 on Thursday, extending a sharp rise that stretches back to the... Read More.

White House crypto czar says public has lost out on over $17 billion in bitcoin value

Friday, March 7 by ABC News

(WASHINGTON) -- David Sacks, the White House crypto czar, said Friday that taxpayers have lost out on "over $17 billion of value" because earlier administrations never took advantage of bitcoin already in the U.S. government's possession."Over the past decade or so, the federal government has... Read More.

Price of bitcoin falls more than 10%

Saturday, December 21 by ABC News

(NEW YORK) -- The price of bitcoin has tumbled about 12% from a record high reached earlier this week.After topping $108,000 for the first time on Tuesday, the world’s largest cryptocurrency dropped to a price below $93,000 in early trading on Friday. Bitcoin soon recovered some of those... Read More.

Bitcoin soars on hopes of bitcoin strategic reserve. Heres how it would work.

Wednesday, December 18 by ABC News

(NEW YORK) -- The price of bitcoin topped $107,000 for the first time this week, climbing to a fresh high days after President-elect Donald Trump reaffirmed support for a U.S. bitcoin strategic reserve akin to its strategic oil reserve.The world’s largest cryptocurrency has seen... Read More.

Bitcoin drops below $100,000 after reaching milestone for 1st time

Friday, December 6 by ABC News

(NEW YORK) -- The price of bitcoin dropped below $100,000 late Thursday, just a day after topping the milestone for the first time.The world’s largest cryptocurrency continued to slide in early trading on Friday, before recovering some of the losses.The turmoil for bitcoin did not appear to... Read More.

Is it too late to buy bitcoin after it hit $100,000? Experts weigh in.

Thursday, December 5 by ABC News

(NEW YORK) -- The price of bitcoin topped $100,000 for the first time ever late Wednesday, and soared to a fresh high in early trading on Thursday.The new gains extended a rally set off by the election of former President Donald Trump, who is... Read More.

Bitcoin races past $100,000, fueled by post-election rally

Thursday, December 5 by ABC News

(NEW YORK) -- The price of bitcoin surpassed $100,000 for the first time on Wednesday, soaring to a fresh high as the world’s largest cryptocurrency extended a rally set off by the election of former President Donald Trump.Bitcoin has climbed more than 40% since... Read More.

Bitcoin reaches record high, vaults toward $100,000

Thursday, November 21 by ABC News

(NEW YORK) -- Bitcoin vaulted to a record high on Thursday, surging more than 3% in early trading and hurtling toward investors' long-sought milestone of $100,000.The price of bitcoin briefly exceeded $98,000 for the first time on Thursday morning, before retreating to about $97,600.The... Read More.

Whats driving the bitcoin surge? Experts weigh in.

Wednesday, March 6 by ABC News

(NEW YORK) -- Bitcoin is on a tear.The largest cryptocurrency has soared more than 20% over the last four days, approaching an all-time high. By contrast, the S&P 500 has dropped slightly over that period.On Wednesday, the price of bitcoin surpassed $64,000 for the... Read More.