Cryptocurrencies
Bitcoin Pushes Past $12,000 Mark for First Time Since September
- Next price target may be $14,000, eToro analyst says
- Fed is evaluating the costs and benefits of a digital currency
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Bitcoin climbed above $12,000 for the first time in more than a month, breaching a key level that chartists and advocates say might set the largest cryptocurrency up for further gains.
The digital token increased as much as 2.7% to $12,052 in New York on Tuesday, before retreating slightly from the peak for the day. That’s Bitcoin’s highest level since Sept. 2.