Bitcoin crosses $120,000 to record high


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FILE PHOTO: Representations of cryptocurrency Bitcoin are seen in this illustration taken November 25, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

SINGAPORE (Reuters) -Bitcoin, the world's largest cryptocurrency, crossed the $120,000 mark for the first time in history on Monday.

The digital currency, which has gained more than 29% for the year thus far, last traded 1.5% higher at $120,893.86.

(Reporting by Rae Wee; Editing by Christian Schmollinger)

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