Bitcoin stood above $92,000 on Wednesday, a key level traders have been watching that could signal that a run toward $100,000 isn't out of the question. Bullish developments over the past two days have boosted investor sentiment, including Vanguard offering crypto products on its platform, Bank of America’s recommending up to a 4% crypto asset allocation for its wealth management clients, and a major upgrade to the ethereum network. "We’re not out of the woods yet, but December may be shaping up to be a ...

Bitcoin (BTC-USD) extended losses on Friday as the world's largest cryptocurrency sank more than 24% from its all-time high north of $126,000 in October. On Friday, the token slipped beneath $95,000 at the lows of the session, alongside a stock market rout driven by uncertainty over when the Federal Reserve will cut rates. The cryptocurrency was trading above $96,000 midday. The steady decline came as Bloomberg data showed outflows from bitcoin exchange traded funds (ETFs) hit their second highest daily ...