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France 24
France 24
Business

What's driving Bitcoin's recent rally to record highs?

BUSINESS DAILY © FRANCE 24

The cryptocurrency Bitcoin hit a record high of almost $20,000 on Wednesday. It retreated slightly in early trading on Thursday, but some market analysts say this rally is different from the last peak in 2017 when prices crashed suddenly. Others, though, remain sceptical. FRANCE 24's Business Editor Stephen Carroll has more. Also, shares in the workplace messaging platform Slack soared on Wall Street after reports of takeover talks with the software giant Salesforce. Acquiring Slack would bring the cloud computing firm into closer competition with Microsoft.

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