The coins could serve as a hedge against upcoming inflation and some anticipate even more gains.
Estimated reading time: 0 minutes, 18 seconds
Bitcoin Hits Milestone as Investors Mull Risk of Inflation
Bitcoin topped its highest peak since July of 2019 as it hit more than $12,476. The leading cryptocurrency has now rallied past “several key psychological thresholds in August” after facing some adversity earlier in the summer. So reports Markets Insider.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Jan 16 2020
-
Written by FinTech News Brief Staff
Representatives from the Reserve Bank of Australia said they are…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-