Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Bibhu Pattnaik

INSANE: Bitcoin nears record high echoing digital gold sentiment amid economic uncertainty | Rare Historical Photos

Bitcoin,With,Golden,Stars,Showering,Down,On,It,A,3d

Bitcoin (CRYPTO BTC) is on the brink of reaching its all-time high, reflecting a possible shift in investor sentiment towards treating the cryptocurrency as a safe-haven asset similar to gold in the face of persistent economic uncertainty.

Bitcoin experienced a rally of approximately 1.6% on Friday, trading at over $122,000, just below its record high of around $124,000 set in August.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.