Cryptocurrency11-4-2023

 

Cryptocurrency Bitcoin soared above $30,000 on Monday, ahead of this week's inflation data.  This is the first time since June that Bitcoin has crossed the $30,000 psychological threshold.  Investors believe that recent gains give Bitcoin enough momentum to rise further as short sellers will be forced to cover and buy.  Bitcoin has gained over 80% so far this year.  Bitcoin $30,120.20 7.76% Ethereum $1,924.43 3.49% Litecoin $94.35 4.10% Bitcoin Cash $128.70 3.87% *Exchange rates as of 7 am ET. Data from Morningstar Financial Research. To understand why we track these currencies and the differences between them,