Cryptocurrencies

Bitcoin, Ether Hit Records Amid Broad Rally in Cryptocurrencies

  • Bitcoin rises past $68,000 for first time, Ether tops $4,800
  • Low real yields, need for inflation hedges are shaping markets
Photographer: Paul Yeung/Bloomberg
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Bitcoin and Ether hit all-time highs amid a broad rally in financial assets that some analysts attributed partly to the search for a hedge against inflation.