Bitcoin breaks $123,000 price record
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Bitcoin, once imagined as a peer-to-peer payment system, is now behaving more like digital gold: a long-term store of value rather than a medium of exchange. For many investors, it’s a hedge, something to hold, not spend.
Bitcoin vaulted past $120,000 for the first time on Monday, the latest milestone for the world's largest cryptocurrency as investors bet on long-sought policy wins for the industry this week, which has been dubbed "crypto week" by U.
Bitcoin rose above $118,000 on Friday, extending the token's record-setting rally into its third day.
Five of the six convertible issuances from the serial bitcoin acquirer are trading deep in the money, creating billions in unrealized value.