Bitcoin hits all-time high as regulator opens door to crypto-linked securities
By Holly Williams, PA Business Editor & Lawrence Matheson Bitcoin, the world’s largest cryptocurrency, has set a new record high and crossed 71,000 US dollars (or £55,272). This surge happened on Monday when it reached an all-time high of 71,830.99 dollars, up by 3% in just the last 24 hours according to data from Binance. The boost comes after the UK’s Financial Conduct Authority (FCA) revealed it would “not object” to the creation of exchange-traded notes backed by cryptocurrencies for the first time. Other positive market events, such as an increase in hopes for a cut in US interest rates f…