Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Technology
Rachael Davies and Nuray Bulbul

Why is bitcoin going up? Bitcoin prices surge to all-time high as US congress 'crypto week' gets underway

Bitcoin reached a significant milestone on Monday, crossing the $120,000 (£88,980) barrier for the first time.

The biggest cryptocurrency in the world increased 2.5 per cent to reach a new high of $122,800 on Tuesday, July 15 and has been holding fairly steady around that mark since.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.