HONG KONG: Hong Kong's cryptocurrency entrepreneurs and investors are looking to the government to take more measures to support the industry amid growing concerns about the city's diminishing status as a crypto hub resulting from regulatory uncertainty.
A newsletter with the latest weekly insights on emerging tech in Asia
Sign up
Bitcoin skyrockets past US$64,000, hits another all-time high
Ahead of Coinbase’s Nasdaq listing, Bitcoin surged to new highs in Asian trading hours. Ether, ADA and DOGE also reached new ATHs as altcoins soared.
Image: Envato Elements
Ahead of U.S. cryptocurrency exchange Coinbase’s direct listing on Nasdaq starting today, Bitcoin (BTC) reached another all-time high of $64,787.65 during Asian trading hours earlier in the day, according to CoinGecko data.
As of publishing time, Bitcoin’s total market value now stands at US$1.2 trillion, 52% of the total cryptocurrency market of US$2.3 trillion. Bitcoin’s 24-hour trading volume was US$73 billion and its 24-hour price range was US$$62,593.30 to US$64,787.65.