The price of bitcoin rose by 9.30% to $76,400, updating the previous all-time high, according to Binance, News.Az reports citing the Economies .

Tokyo-listed bitcoin holder Metaplanet Inc. is now using bitcoin (BTC) options to boost its coin stash, diverging from its peer, the U.S.-listed Microstrategy's debt-fueled accumulation strategy, News.Az reports citing FX Street .

Commodities including gold and crude oil rose as the specter of war looms in the Middle East. Still, Bitcoin is moving in the opposite direction, leading to renewed debate over whether it’s a safe-haven asset, News.Az reports citing Cointelegraph.

Bitcoin (BTC) retraces slightly, trading above $59,000 on Wednesday, as crypto markets brace for the upcoming interest-rate decision by the US Federal Reserve (Fed), which is expected to lower interest rates for the first time in more than four years, News.Az reports.

Hedge fund manager Anthony Scaramucci predicts that Bitcoin will hit record highs due to a combination of interest rate cuts and clearer cryptocurrency regulations in the U.S. after the November presidential election, News.Az reports citing Bloomberg.

The upcoming week appears to be one of those unusual times when the markets are uncertain about what the Federal Reserve will do regarding interest rates, News.Az reports.

Bitcoin, the largest cryptocurrency by market value, topped $60,000, reaching highs of $60,660 in Saturday trading, News.Az reports.

Software firm MicroStrategy (MSTR.O), opens new tab acquired bitcoin worth $1.11 billion between Aug. 6 and Sept 12, boosting its total holdings of the world's biggest cryptocurrency to roughly $9.45 billion.

Bitcoin price increased following a general upswing in risk-sensitive markets, especially equities, News.Az reports.