Cryptocurrencies
Bitcoin Rallies Above $14,000 With Traders in Election Limbo
- The coin has almost doubled this year amid wider acceptance
- Election uncertainty in the U.S. boosts crypto, says Tawil
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Bitcoin rose above $14,000 as investors grappled with an uncertain election outcome in the U.S.
The world’s largest cryptocurrency rallied as much as 3.8% Wednesday to $14,265, its highest level since January 2018. Peer coins, including Dash and Litecoin, also advanced. The Bloomberg Galaxy Crypto Index gained more than 4% at one point.