Price of Bitcoin pushes higher over a solid weekend for crypto

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City AM

By Darren Parkin It was a solid weekend in the crypto markets, with the price of Bitcoin continuing to push higher and yesterday sealing its highest weekly close since mid-June. Bitcoin, the largest cryptocurrency by market capitalisation, held above $24k on both Saturday and Sunday, setting highs of just below $25k. It has retreated somewhat this morning, down 2.5 per cent since this time yesterday at time of writing to $24,054. Can it break the $25k mark again this week? The stronger price performance follows the announcement last week of better-than-expected US inflation figures last week. …

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