Bitcoin rallies to new high as TOKEN2049 wraps

Bitcoin jumped to a record high above $125,802.54 on Oct 6, as the TOKEN2049 conference wrapped up in Singapore — the latest stop for what has become one of the industry's biggest annual meetings of crypto executives, traders, and policy makers. The timing added symbolic weight to what had already been a frothy mood in the market, with many participants in mid-surge watching the price spike happening live on the conference floor. However, although some investors chalk up the milestone to conference buzz, ...