Bitcoin Tops $11K for First Time in Almost 3 Weeks
Bitcoin broke $ 11,000 on Friday, hitting its highest price in nearly three weeks.
The surge comes a day after payment company Square announced that it had invested 1% of its total assets by market capitalization in the largest cryptocurrency.
Prices hit $ 11,023 at 11:05 UTC - the highest since September 20 according to CoinDesk's Bitcoin Price Index.
The rally to $ 11,000 marked an upward trend over the past two weeks' range of about $ 10,500 and $ 10,800.
The cryptocurrency has remained relatively stable above $ 10,000 for the past two weeks despite news of the KuCoin market hack, U.S. regulators filing criminal and civil lawsuits against BitMEX, and President Donald Trump's announcement that he is talking to Democratic lawmakers on a new stimulus package to end.
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Bitcoin tops $ 11,000 for the first time in nearly three weeks
Bitcoin tops $ 11,000 for the first time in nearly three weeks
Bitcoin tops $ 11,000 for the first time in nearly three weeks
Bitcoin tops $ 11,000 for the first time in nearly three weeks
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