Bitcoin soars to new all-time high

The cryptocurrency has topped $120,000, fueled by strong demand from institutional investors and growing support for crypto in the US

Bitcoin has surged past $120,000, setting a new record and bringing its year-to-date gains to nearly 30%. According to CoinDesk data, the cryptocurrency was trading at around $122,700 as of 08:00 GMT on Monday.

Analysts have attributed the rally to strong institutional demand and a shift in American policy...