Bitcoin keeps rallying even as stocks and bonds take a hit
Cryptocurrency / 05.12.2023

Bitcoin keeps rallying even as stocks and bonds take a hit

The sharemarket had a rough start to the week yet the largest cryptocurrency has continued to climb to the $US42,000, the highest level in 19 months.

The US sharemarket had a rough start to the week following several weeks of gains. It was a similar story in the bond market. And gold did a U-turn after climbing to a new record above $US2,100 an ounce. Yet in the digital-assets market, bitcoin held... [1410 chars]

Published by: The Australian Financial Review

Read full article here: https://www.afr.com/markets/currencies/why-bitcoin-keeps-rallying-even-as-stocks-and-bonds-take-a-hit-20231205-p5ep4g

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