LONDON :The price of Bitcoin rose to its highest level on record on Wednesday, eclipsing the previous high from January, as risk sentiment continues to improve after last month's tariff-induced sell-off. The world's largest cryptocurrency touched a high of $109,481.83, a 2 per cent gain on the day. Bitcoin, at times, trades in a similar fashion to tech stocks and other assets that rise in value when investor sentiment is high. The tech-heavy Nasdaq is up 30 per cent from its early April low.

Tag-uri: Bitcoin