Bitcoin Hits Record High Above $66,000 Amid Crypto Surge

1 min read
Source: CoinDesk
Bitcoin Hits Record High Above $66,000 Amid Crypto Surge
Photo: CoinDesk
TL;DR

Bitcoin surpassed $65,000, nearing its all-time high as bullish bets rose to a record, with meme tokens like Pepecoin surging 30% and trading volumes reaching $3.6 billion. In an insider trading case involving Coinbase's former product manager and others, a U.S. court ruled that certain crypto assets traded on a secondary market are securities transactions. The court's position was taken in a default judgment against one of the defendants.

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