Bitcoin prices continue to rise. Photo: Reuters
Bitcoin prices continue to rise. Photo: Reuters
Bitcoin

Bitcoin closes in on US$50,000 as cryptocurrency’s gain puts returns from gold and stocks in the shade

  • Bitcoin rises as much as 3.6 per cent to US$49,913 in Asian trading
  • Bitcoin volatility is likely to continue rising in the near term and remain elevated until it settles in around its next plateau, says commodity strategist

Bitcoin prices continue to rise. Photo: Reuters
Bitcoin prices continue to rise. Photo: Reuters
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