Bitcoin Hits $86,000 Record

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Investor's Business Daily

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Bitcoin Clears Another Record. 'Buy Everything You Can,' Analyst Says.

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Bitcoin on Monday spiked to new all-time high of $ 86,599 , according to CoinDesk data.

At 4 p.m. ET Friday , the digital currency was at $ 76,783.86 , up 14.1% over four sessions starting with Election Day .

Bernstein analysts in a Monday note urged investors to add crypto industry exposure "as soon as possible".

Bitcoin has rallied about 103% so far this year . Ethereum traded as high as $ 3,328 Monday , clearing its recent clearing its Oct. 20 high near $ 2,750 . Ethereum leaped about 45% in 2024 and reached a 52-week high of $ 4,090 in March . The No. 2 crypto is still well below its November 2021 peak above $4,800 . You can follow Harrison Miller for more stock news and updates on X/Twitter @IBD_Harrison YOU MAY ALSO LIKE:.