Bitcoin Blasts Past $75,000 on Crypto Rally
The price of Bitcoin surged past $75,000 for the first time since May, leading a rally in major cryptocurrencies. The move comes after Treasury intervention in bond markets and a White House meeting between President Donald Trump and crypto leaders.
BTC rose to $75,268 early on Friday, up more than $10,000 in two days. This is the highest price for Bitcoin since May.
Ether, the second-most valuable cryptocurrency by market cap, also saw significant gains, rising to $2,363 and increasing 25% from the previous week.