Bitcoin at two-month low, hits $57,000 level amid US election uncertainty, Mt. Gox outflows

Bitcoin at two-month low, hits $57,000 level amid US election uncertainty, Mt. Gox outflows

Bitcoin dropped to a two-month low on Thursday, fell over 4 per cent to $57,711 amid uncertainty over the U.S. presidential elections and reports of bitcoin supply from a defunct Tokyo-based crypto exchange. Bitcoin fell to its lowest level since May 2, and has lost more than 6 per cent this week. Also Read | … Read more

Bitcoin surges to $66,000, market cap crosses $2.5 trillion

Bitcoin surges to $66,000, market cap crosses $2.5 trillion

Bitcoin, world’s foremost cryptocurrency in terms of value, surged to a two-year peak, crossing the $66,000 threshold. This surge came as a substantial influx of funds propelled it tantalizingly close to its all-time highs. Bitcoin surged to a peak of $66,319 during the session, marking a 6.4% increase to $66,254. At its current market value, … Read more