There’s elation and there’s euphoria, and then there’s the unrestrained rapture that descends upon Bitcoin’s emboldened bulls whenever the cryptocurrency soars to a fresh record.
Bitcoin was holding at about $64,650 as of 11:30 a.m. in Hong Kong trading Thursday after rocketing to a fresh record overnight. The largest digital currency touched a high of almost $67,000 Wednesday, galvanized by the successful launch of the first U.S. Bitcoin futures exchange-traded fund — the second-busiest ETF debut on record and another step in its evolution from the frontiers of finance toward something with more mainstream appeal.