Bitcoin rises to November high


Bitcoin has climbed almost 20% in the first two weeks of the year, following a volatile 2019.

HONG KONG: Bitcoin climbed to its highest since November as the debut trade of options linked to the digital currency boosted sentiment.

The world’s largest digital coin rose as much as 5.5% to just over the $8,574 level in Asia trading Tuesday, as the CME Group Inc. traded 54 options on Bitcoin futures in its debut session. The wider Bloomberg Galaxy Crypto Index tracking a basket of digital currencies climbed as much as 5% on broad-based gains among rival coins including Ether, XRP and Litecoin.

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