Currencies

Bitcoin rallies above $30,000 for first time

The price of the world’s most popular cryptocurrency traded as high as $31,824 early Saturday, with almost all other markets closed over the first weekend in 2021.

Bitcoin no match for gold in coronavirus world

The recent surge in bitcoin’s price has created some new believers, but the cryptocurrency will never supplant gold as a store of value or medium of exchange, some Wall Street investors say.

Bitcoin reaches $16K, highest level since 2018

Bitcoin on Thursday reached a record valuation of $16,118, its highest level since 2018. The cryptocurrency is up 123% year-over-year and 50% this quarter, according to data from the California-based digital currency exchange Coinbase.

Dollar dips as Biden gains upper hand in tense election

The dollar slipped to its weakest level in more than two years against the yuan and eased against other Asian currencies as Democrat Joe Biden edged closer to the White House in a nail-biting U.S. presidential election.