Bitcoin reaches over 112,000 dollars for the first time

The digital currency Bitcoin has risen above the 112,000 dollar mark with its next record value.

The price peaked at 112,040 dollars and then slipped again somewhat.

The hope of a major outcome in the tariff conflict between the USA and important trading partners is tipping the scales and feeding investors’ appetite for risk, wrote expert Timo Emden from Emden Research.

Bitcoin – the best-known and oldest digital currency – had already scratched the 112,000 dollar mark in May.

dpa