Bitcoin climbed above $120,000 to a record high yesterday as investors piled into the world’s biggest cryptocurrency. The digital coin rose as high as $123,200 –more than double the $60,000 it was valued at a year ago. The latest rally came as so-called ‘crypto week’ got underway in the US. This refers to a series of debates taking place in Washington DC that could lay the foundations for a regulatory framework for digital assets. Tim Chen, global head of strategy at financial services firm Mantle, said the discussions should provide investors with ‘some semblance of clarity’ over the future of crypto – making it ... (full story)