Bitcoin has been showing strong upward momentum, closing in on the $80,000 level. Analysts attribute the rally in Bitcoin and safe-haven assets to easing uncertainty over US crypto regulation and increased liquidity driven by the US Treasury's expansion of medium- and long-term government bond buybacks. The Bitcoin trading price was displayed on a screen at the Bithumb Lounge in Gangnam-gu, Seoul, on Tuesday morning.
jun@heraldcorp.com
