Bitcoin Trades 7% Higher

Bitcoin was trading over 7% higher on Monday morning, priced around $66,105 per coin.

By Emily Rella Nov 08, 2021
da-kuk | Getty Images

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Bitcoin was trading over 7% higher on Monday morning, priced around $66,105 per coin.

Ether, was trading over 3% higher, priced at $4,722.

Dogecoin, meanwhile, was up over 9%, trading at a little over $0.28, per Coindesk.

Cryptocurrency was a hot topic last week, as Miami Mayor Francis Suarez vowed on Twitter to take his next paycheck in bitcoin. Incoming New York City Mayor Eric Adams replied to the tweet, one-upping the Republican.

“In New York we always go big, so I’m going to take my first THREE paychecks in Bitcoin when I become mayor. NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!” wrote Adams.

The value surges in crypto coins preceded the jockeying between the two politicians, however. Bitcoin has surged, hitting record highs this fall.

The first Bitcoin Futures ETF launched in late October, as well, crossing exchange-trade funds into the cryptocurrency world.

Bitcoin was trading over 7% higher on Monday morning, priced around $66,105 per coin.

Ether, was trading over 3% higher, priced at $4,722.

Dogecoin, meanwhile, was up over 9%, trading at a little over $0.28, per Coindesk.

Cryptocurrency was a hot topic last week, as Miami Mayor Francis Suarez vowed on Twitter to take his next paycheck in bitcoin. Incoming New York City Mayor Eric Adams replied to the tweet, one-upping the Republican.

“In New York we always go big, so I’m going to take my first THREE paychecks in Bitcoin when I become mayor. NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!” wrote Adams.

The value surges in crypto coins preceded the jockeying between the two politicians, however. Bitcoin has surged, hitting record highs this fall.

The first Bitcoin Futures ETF launched in late October, as well, crossing exchange-trade funds into the cryptocurrency world.

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Emily Rella

Senior News Writer
Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

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