Bitcoin exploded to an all-time high on Friday morning. The cryptocurrency surged more than $120 to a record high of $1,327 a coin shortly before 8:30 a.m. ET. While bitcoin has pulled back from its record peak, it remains firmly bid, up 8.3%, or $99, at $1,291.
ADVERTISEMENT
Bitcoin super spikes to an all-time high
Bitcoin spiked more than $120 in a matter of minutes.
ADVERTISEMENT
Friday's gains come ahead of the highly anticipated US Securities and Exchange Commission ruling on whether or not it will approve three proposed bitcoin-focused exchange-traded funds
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT
Recommended articles
Top 10 African countries with the highest military expenditure
10 wealthiest cities in Africa in 2024
First migrant flight to Rwanda from UK to depart in July - Sunak
Kenyan industries with the most cases of money laundering
Win your share of $6000 prize pool in the Yellow Card winner moves giveaway!
Elevating interior design globally: Insights from Karen Karapetian
Unlock your April must-haves at the Xiaomi fan festival!
10 largest economies in Africa in 2024 - IMF