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Bitcoin surges to new record above $65,000
CNN
The bitcoin bull market is showing no signs of slowing down. Bitcoin, the world's most valuable cryptocurrency, hit a new all-time high above $66,000 Wednesday, topping the previous record set in April.
Bitcoin prices have surged 50% this month, from just under $44,000 at the end of September.
The pop has been fueled by renewed hopes that regulators in the United States would not crack down on cryptocurrencies, support from big investors such as George Soros and the launch of the first exchange-traded fund tied to bitcoin futures.
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Over the past 10 days, Vice President JD Vance put Ukrainian President Volodymyr Zelensky on notice, rattled the confidence of century-old allies in Western Europe during his first foreign trip, decamped to Capitol Hill to help in delicate budget talks and delivered a spirited defense of the Trump administration’s first month to a gathering of conservatives outside the nation’s capital.