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Bitcoin rides tech sector gains. Is $100,000 back in the cards?
Bitcoin prices hit their highest levels since early February on Wednesday, extending gains over the past two months. Investors are looking to play catchup with technology stock gains while betting on a potentially more lucrative environment if Federal Reserve chair nominee Kevin Warsh is confirmed. Bitcoin prices have rallied more than 18% since March 30, effectively matching the 18% advance for the tech-focused Nasdaq Composite index and Magnificent Seven index but trailing more impressive gains for the PHLX Semiconductor benchmark. Tech stocks are finding a boost from the progress, however slow, toward a permanent ... (full story)
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