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AAP
AAP
Derek Rose

Australian Bitcoin buffs say 'bull run' just beginning

Australian cryptocurrency enthusiasts are confident after Bitcoin prices hit an all-time high. (Joel Carrett/AAP PHOTOS)

Australian cryptocurrency buffs are feeling bullish after Bitcoin prices hit an all-time high, less than two years after a vicious industry-wide collapse that wiped out billions of dollars.

Bitcoin traded for just under $US69,000 earlier this week, more than quadruple its value from late 2022, when it crashed to under $US16,000 and was declared dead after the collapse of crypto exchange FTX.

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