Bitcoin retreats to $118,000 after notching new all-time high: CNBC Crypto World
CNBC Televisionยท2025-08-14 20:07
Today, Bitcoin slides to the $118,000 level after hitting a new high last night. And Rick Edelman with the Digital Asset Council of Financial Professionals weighs in on what drove Bitcoin to that new record. Welcome to CNBC's Crypto World.I'm Talia Kaplan. Crypto prices and stocks slipping this morning after a new inflation report showed that wholesale costs rose more than expected last month. This after Bitcoin reached a new all-time high late yesterday above $124,000, surpassing its July record above $123 ...