Bitcoin Reaches Highest Level Since May

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  • Bloomberg Markets and Finance published this video item, entitled “Bitcoin Reaches Highest Level Since May” – below is their description.

    Jun.14 — Bitcoin is rebounding once again, continuing to gain traction as the cryptocurrency topped $40,000. Chart watchers are now saying let’s look for $50,000 as the next level. Bloomberg’s Eric Lam reports on “Bloomberg Markets: China Open.”

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    A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

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