Advertisement
Singapore markets close in 1 hour 42 minutes

  • Straits Times Index

    3,291.14
    +25.19 (+0.77%)
     

  • Nikkei

    38,229.11
    +155.13 (+0.41%)
     

  • Hang Seng

    18,956.01
    +418.20 (+2.26%)
     

  • FTSE 100

    8,412.71
    +31.36 (+0.37%)
     

  • Bitcoin USD

    63,158.04
    +1,627.43 (+2.64%)
     

  • CMC Crypto 200

    1,358.92
    +0.91 (+0.07%)
     

  • S&P 500

    5,214.08
    +26.41 (+0.51%)
     

  • Dow

    39,387.76
    +331.36 (+0.85%)
     

  • Nasdaq

    16,346.26
    +43.46 (+0.27%)
     

  • Gold

    2,376.60
    +36.30 (+1.55%)
     

  • Crude Oil

    79.86
    +0.60 (+0.76%)
     

  • 10-Yr Bond

    4.4490
    -0.0430 (-0.96%)
     

  • FTSE Bursa Malaysia

    1,601.54
    +0.32 (+0.02%)
     

  • Jakarta Composite Index

    7,088.79
    -34.81 (-0.49%)
     

  • PSE Index

    6,511.93
    -30.53 (-0.47%)
     

Crypto rally: Bitcoin hits highest level in over a month

Yahoo Finance Video

Yahoo Finance's Brian Cheung discusses how cryptocurrencies are trading on Wednesday.

Video transcript

[MUSIC PLAYING]

BRIAN CHEUNG: Welcome back to Yahoo Finance Live. Let's take a look at the moves in crypto as we get a little bit closer to the noon hour here on the East Coast. You could see Bitcoin getting a rip higher, up about 6% to 24,000. Not long ago that we saw Bitcoin below 20,000. Of course, people might say, well, zoom out, bro. Zoom out, bro.

Well, again, still down about 50% year to date. But we've seen the rise in Bitcoin also spill over to other cryptocurrencies as well, when you take a look at Ethereum up 5% today, although down 57.5% year to date. So of course, the natural question being, well, are we starting to see a rebound in the crypto industry?