In cryptocurrencies, after a volatile weekend, Bitcoin surpassed $40,000, reaching its highest level in more than two weeks after yet another weekend of price swings following tweets from Elon Musk. Bitcoin price today was up more than 3%, as per CoinDesk, trading at $40,293. Dogecoin was trading at $0.32, up 0.7% while other cryptocurrencies like XRP, Litecoin were also trading with gains over the last 24 hours. Ether, the token used in the Ethereum blockchain, posted its largest outflow last week of $12.7 million, data showed. The outflows in bitcoin cooled last week to $10 million, significantly lower than the previous record week of $141 million, CoinShares data showed.

Source: Mint June 15, 2021 02:21 UTC