BREAKING: Bitcoin jumps above $85,000 to 8-month high
Bitcoin climbed above $85,000 on Monday, September 21, reaching its highest level in eight months as the cryptocurrency extended its recent rally. The world's largest cryptocurrency rose about 5% in early afternoon trading in London to $85,128, building on a gain of nearly 6% the previous week.
Bitcoin has now risen more than 30% since August 19 and remains above the $80,000 level, which had previously proved difficult to sustain. The latest gains came despite the failure to pass the Clarity Act and the Federal Reserve's quarter-point interest-rate increase.
Chris Beauchamp, chief market analyst at IG, said cryptocurrency prices were rising broadly, supported by recent investment inflows. “Cryptocurrencies are advancing in a group this morning, a move given strength by recent inflows...










