Crypto Currency

As bitcoin hovers near all-time highs, what does it mean for investors?

Bitcoin exceeding US$40,000 this year was a historic milestone. Although bitcoin’s price has since dipped from this all-time high to a 24-hour low of US$37,446 today, the overall trend is more investors getting involved with the crypto market. Retail investors, businesses and large financial institutions are all increasingly looking towards bitcoin and other cryptocurrencies either as a replacement or a supplement to their positions in gold, stocks and other traditional financial assets.


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