Bloomberg reported that the bitcoin currency rose to its highest level since July after investors resorted to risky assets amid the fall of the dollar.
Bitcoin rose 10.1% to $21,341 on Friday night.
But despite the rise in the price of bitcoin today, it is still losing 50% of its value compared to last year.
The dollar today, on Friday, fell by 0.9%.
Ether, the second largest cryptocurrency, rose 5% to $1,717.
Notably, bitcoin dropped to $18,540 on Wednesday.
Source: Bloomberg.
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