Bitcoin, ether scale new peaks as flows pour in to crypto

The News Craving

Published by
Reuters

(Corrects spelling to Roemmele in final paragraph) By Tom Westbrook SYDNEY (Reuters) -Bitcoin and ether made record peaks in Asia trade on Tuesday, with enthusiasm for cryptocurrency adoption and worry about inflation driving momentum and flows into the asset class. Bitcoin rose as high as $68,564 in Asian afternoon trade and ether, the second-biggest cryptocurrency by market value, earlier hit $4,825. Both have more than doubled since June and added nearly 70% against the dollar since the start of October. “We’re getting the feeling that the market has shifted,” said Matthew Dibb, chief opera…

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