Bitcoin, a digital asset and cryptocurrency, has risen to a six-month high as investors gravitate back to more riskier assets.
Primetime Partners co-founder and chairperson Alan Patricof provides insight on investing and cryptocurrency and the push for electric vehicles on 'The Claman Countdown.'
Over the last 24 hours, the price of bitcoin has climbed to a new six-month-high, reaching roughly $24,586 on Thursday. The asset is at its highest levels since last August and is now up almost 50% in 2023, but remains well off its late-2021 high of $68,990. Over the last month, bitcoin is up around 16%, after rising approximately 46% the last three months. In other cryptocurrencies, Ether, the second-largest crypto, went up less than 1% to $1,630, as smaller cryptos or altcoins were more mixed, with Cardano 1% lower and Polygon 1% higher.
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