Bitcoin retakes $120,000, ether touches 2021 highs after breaking key $4,000 level
Bitcoin is a stone's throw from its all-time high after an overnight rally that also propelled ether to levels not seen since 2021. The price of bitcoin was last higher by 1% at $119,782, according to Coin Metrics. Ether was down about 1.6% at $4,181, after surging on Sunday to its highest level since December 2021. On Friday, it broke $4,000 for the first time since December. The moves took place alongside a rise in U.S. equity futures, as investors looked ahead to a batch of key inflation re