Bitcoin Breaks Above $25,000 for the First Time in Eight Months

Bitcoin today broke above $25,000 for the first time since June last year. 

It has since dropped slightly: right now, the largest cryptocurrency by market cap is trading hands for $24,998, according to CoinGecko data. 

The asset took the rest of the market with it—seemingly unfazed by a U.S. regulatory crackdown. The total market capitalization for all crypto assets has jumped by roughly $100 billion over the last day.

This is a developing news story and will be updated. 

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Source: https://decrypt.co/121527/bitcoin-price-breaks-above-25000