Bitcoin Breaches $120,000 Mark For The First Time
Bitcoin surged past the $120,000 mark for the first time on Sunday night. Copyright 2021 The Associated Press. All rights reserved
Bitcoin breached the $120,000 mark at around 11:42 p.m. EDT on Sunday night.
The price of bitcoin has increased more than 28% since the star of the year, boosted by a post-inauguration surge before falling to a low of just over $75,000 in April.
The token's price recovered in May and has hit new record highs since then amid anticipation of the Senate's approval of the GENIUS Act.
This is a developing story.
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