Bitcoin tops $66,000, sets record as crypto goes mainstream

Published October 20, 2021 8:16 AM

By STAN CHOE
AP Business Writer

NEW YORK (AP) — Bitcoin stormed above $66,000 for the first time on Wednesday, riding a wave of excitement about how the financial establishment is increasingly accepting the digital currency’s rise. One bitcoin was valued at $66,096, as of 4:15 p.m. Eastern time, after earlier climbing as high as $66,974.77. It has roared back after sinking below $30,000 during the summer to top its prior record set in April. That previous all-time high was nearly $64,889. The surge has come as more businesses, professional investors and even the government of El Salvador buy into Bitcoin, broadening its base beyond its initial core of fanatics.

Article Topic Follows: AP National Business

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