Bitcoin surges to record $109,760 as dollar weakens

Bitcoin steadies above $90k as traders brace for fed decision, year-end liquidity squeeze

Bitcoin rose through its previous high on Wednesday, reaching an intraday peak of $109,760.08 as investors sought refuge from a weakened dollar in the wake of a Moody’s downgrade of U.S. sovereign debt. The world’s largest cryptocurrency was trading at $108,117, up 1.1 percent on the day, and

```

Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```