Bitcoin Pulls Back After Latest Push Toward Record Falls Short

Bitcoin retreated from the highs of the day after an earlier push toward the record price level set a little more than two weeks ago fell short.

The original cryptocurrency has jumped around 16% so far this year with the crypto-friendly Trump administration seen bolstering demand for digital assets. Expectations that the US is moving closer to resolving trade conflicts with nations such as China has helped to increase overall demand for riskier assets.