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Bitcoin and ether continued their historic price run Monday while equities posted a mild correction ahead of next week’s interest rate decision.
Bitcoin broke yet another record Monday afternoon in New York, hitting a price of $72,846.65, according to Coinbase. The largest cryptocurrency is up close to 5% today and more than 8% over the past week.
Bitcoin (BTC), which lost 11% last week after clocking an all-time high, managed to hold steady Monday, trading just under $72,300 at time of publication, per Coinbase.
Read more: Bitcoin sets another all-time high Monday flirting with $72,000
Bitcoin’s rally has spurred a number of liquidations in the derivatives market that…
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