|Day's Range||0.2454 - 0.2677|
|52 Week Range||0.0577 - 0.6558|
|Volume (24hr) All Currencies||511.78M|
Matt Hougan, Bitwise CIO, joins Yahoo Finance Live to discuss the new crypto index fund and the overall state of cryptocurrency amid increased regulation.
The price of Bitcoin (CCC:BTC-USD) has once again jumped above $50,000 today and crypto traders are heading online to discuss what this means for BTC. Source: Wit Olszewski/Shutterstock,com Bitcoin has been on a wild ride this year that has had crypto traders gripping the edge of their seats. At its best, BTC was trading for about $63,000 per token back in April. However, a major downturn happened that saw it fall to roughly $30,000 per token back in July. BTC has been recovering ever since but
"Historically, Fed taper has been a headwind for bitcoin," one fund manager said.