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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Elroy who wrote (20099)10/12/2017 7:57:21 AM
From: John Pitera   of 33421
 
Bitcoin Climbs Above $5,000, Hits Another Record High
By Tugce Ozsoy
October 12, 2017, 4:36 AM EDT
Largest cryptocurrency resumes rise after a one-day decline
Sentiment helped by Chinese reports, Goldman Sachs plans

Bitcoin surged to a fresh record Thursday as the enthusiasm for cryptocurrencies showed little signs of abating.

The largest cryptocurrency rose 7.1 percent to $5,170 as of 9:23 a.m. London time, resuming gains after a one-day break. Reports about the Chinese government easing recent regulations and Goldman Sachs exploring how it could help its clients trade cryptocurrencies are helping sentiment.



bloomberg.com

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