16 Nov 2024

Bitcoin surge

From Saturday Morning, 7:48 am on 16 November 2024
Gold-plated souvenir Bitcoin coins are arranged for a photograph in London in November 2017.

Photo: Justin Tallis/AFP/Getty Images via CNN Newsource

The world's largest cryptocurrency surged in the run-up to last week's US presidential election, and rose sharply immediately on election night, after it became clear Donald Trump would win. 

As of this morning, one bitcoin is more than $152,000 NZD.

Joining Susie to explain what has been happening and whether the increase is going to last is RNZ's money correspondent Susan Edmunds.

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