Australia markets closed
  • ALL ORDS

    6,788.70
    -132.70 (-1.92%)
     
  • ASX 200

    6,574.70
    -125.50 (-1.87%)
     
  • AUD/USD

    0.6533
    -0.0112 (-1.69%)
     
  • OIL

    79.43
    -4.06 (-4.86%)
     
  • GOLD

    1,651.70
    -29.40 (-1.75%)
     
  • BTC-AUD

    29,150.20
    -181.57 (-0.62%)
     
  • CMC Crypto 200

    434.61
    -9.92 (-2.23%)
     
  • AUD/EUR

    0.6737
    -0.0013 (-0.19%)
     
  • AUD/NZD

    1.1363
    -0.0000 (-0.00%)
     
  • NZX 50

    11,434.82
    -83.50 (-0.72%)
     
  • NASDAQ

    11,311.24
    -190.40 (-1.66%)
     
  • FTSE

    7,018.60
    -140.92 (-1.97%)
     
  • Dow Jones

    29,590.41
    -486.27 (-1.62%)
     
  • DAX

    12,284.19
    -247.44 (-1.97%)
     
  • Hang Seng

    17,933.27
    -214.68 (-1.18%)
     
  • NIKKEI 225

    27,153.83
    -159.30 (-0.58%)
     

Bitcoin breaks $25,000 level for the first time since June

Yahoo Finance's Brian Cheung discusses bitcoin's price action.

Video transcript

[MUSIC PLAYING]

BRIAN CHEUNG: Go over to crypto on this Monday morning and see if there's any interesting price action. You could see Bitcoin down about 1.6%, but actually watch what happened overnight.

We actually saw Bitcoin break the 25,000 level for the first time since mid-June, which shows that there has actually been a pretty nice bounceback in Bitcoin commensurate with what we've seen in the stock market, although, of course, on a year-to-date basis, still very, very far from that above 45,000 level we had earlier in the spring. If we take a look at some other cryptocurrencies as well on the move, Ethereum down 4% to 1,900, and also watching Doge, why not, down 4.2% to about $0.07, Akiko.