Bitcoin hits all-time intraday high of $109,359
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Bitcoin was hitting an all-time intraday high on Wednesday morning, setting a new record four months after the last milestone. The largest crypto by market capitalization was trading at
$109,359.59 as of 11:20 a.m. Eastern time, up nearly 5% over the past three trading days, according to FactSet data. The rally in bitcoin came as the broader financial market was still under
pressure amid a surging Treasury yields. U.S. stocks were mostly lower on Wednesday morning, with the S&P 500 off 0.2% and the Dow falling 0.8%.