LONDON (Reuters) – Bitcoin set a fresh all-time high on Thursday, after rising almost 6% to $22,584 by 0806 GMT, just a day after smashing the $20,000 milestone for the first time.
The world’s highest profile crypto-currency has gained more than 175% this year, buoyed by demand from larger investors attracted to its potential for quick gains and perceived inflation-hedging qualities.
(Reporting By Sinead Cruise, editing by Rachel Armstrong)