Bitcoin rises to new record high, eclipses January top


Sparks strike representation of cryptocurrency Bitcoin in this illustration taken November 24, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

LONDON (Reuters) -The price of Bitcoin rose to its highest level on record on Wednesday, eclipsing the previous high from January, as risk sentiment continues to improve after last month's tariff-induced sell-off.

The world's largest cryptocurrency touched a high of $109,481.83, a 2% gain on the day.

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