Bitcoin hits highest level in two weeks on big-money flow

Two-week high: Bitcoin rose as much as 4.3% and traded at US$53,900 in Hong Kong. — Reuters

HONG KONG: Bitcoin flirted with the US$54,000 (RM221,400) level and hit a two-week high yesterday, aided by more signs of institutional interest in the largest cryptocurrency.

The digital token rose as much as 4.3% and was trading at about US$53,900 as of noon in Hong Kong yesterday.