What factors are driving the bitcoin price surge? | ABC NEWS





▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io

The price of bitcoin has reached an all-time high, climbing above $US120,000 for the first time. It comes as a number of digital asset laws, likely to give cryptocurrencies a regulatory framework, are to be voted on by US Congress.
Doctor Aaron Lane from RMIT’s blockchain innovation hub says a regulatory environment and the appeal of bitcoin as a secure ‘digital gold’ investment amid economic uncertainty have contributed to the recent surge in price.
Subscribe:
Read more here:

ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It’s news when you want it, from Australia’s most trusted news organisation.

For more from ABC NEWS, click here:
Watch more ABC NEWS content ad-free on ABC iview:

Go deeper on our ABC NEWS In-depth channel:
Like ABC NEWS on Facebook:
Follow ABC NEWS on Instagram:
Follow ABC NEWS on X (Twitter):

Note: In most cases, our captions are auto-generated.

#ABCNEWS #ABCNEWSAustralia

▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io



Youtube version

Spread the love

Related posts

Leave a Comment