Bitcoin Sets Another All-Time High in Climb Toward

Bitcoin Sets Another All-Time High in Climb Toward $110,000

Bitcoin Sets Another All-Time High in Climb Toward $110,000

Monique Mulima and Muyao Shen

Tue, December 17, 2024 at 11:51 PM GMT+3 2 min rea

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(Bloomberg) -- Bitcoin reached an all-time high for a second consecutive day, with traders eyeing the $110,000 price level.

The original cryptocurrency rose as much as 2.1% to $108,315 on Tuesday, before retreating back to its price at the start of the day around $106,000. It has surged more than 150% this year, and traders are increasing bets for further gains in the options market.