Bitcoin Tops $110,000 for 1st Time
Digest more
The JPMorgan CEO said the bank would allow investors to buy bitcoin, while warning of stagflation and sounding hopeful about regulations.
Bitcoin ( BTC 4.39%) set a new all-time high today, topping $111,000 for the first time ever. After reaching a previous all-time high in December 2024, Bitcoin declined roughly 30%, leading many to believe the bull run that saw it nearly double from September through December was over. However, in the last month, Bitcoin is up nearly 50%.
While bitcoin evangelist Michael Saylor’s claim may not be strictly true, the inexorable rise of the cryptocurrency continues and the milestones keep coming. Bitcoin hit an all-time high of $111,000 in overnight trading Thursday,
The action by JPMorgan is consistent with a broader trend in financial institutions jumping into cryptocurrency products.
1d
Khaleej Times on MSNBitcoin rises to new record high, eclipses January topThe 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,
Bitcoin price stabilizes around $105,200 on Tuesday, just 4% shy of its all-time high at $109,588. JPMorgan CEO Jamie Dimon says the bank will let clients buy Bitcoin. The Texas House is set to conduct a second reading of a bill that,
On the 16th of May, Eric Trump sparked conversation in the financial world by taking aim at JPMorgan Chase, questioning the relevance of traditional banking institutions in today’s rapidly evolving digital economy.
JPMorgan Chase & Co. will put its potential future leaders on display Monday at its annual investor day in Manhattan, offering shareholders a closer look at who might succeed Jamie Dimon as the bank continues its record-breaking profit streak.