Bitcoin soars 10% to 1-1/2 year high
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Bitcoin logo, representation of cryptocurrencies and rising stock graph are seen in this illustration taken, July 7, 2022. REUTERS/Dado Ruvic/Illustrations/File Photo Acquire Licensing Rights
SINGAPORE, Oct 24 (Reuters) – Cyrptocurrency bitcoin leapt as much as 14% to a 2-1/2 year high of $34,283 in early Asia hours on Tuesday, on speculation that the U.S. could soon approve a bitcoin exchange-traded fund.
Bitcoin was last up 10% at $33,030. Smaller rival ether was up 6% at $1,763.
(This story has been corrected to fix the milestone to 1-1/2 year instead of 2-1/2 year in the headline and paragraph 1)
Reporting by Tom Westbrook; Editing by Christopher Cushing
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