Now that January’s high has been surpassed – and the 50 per cent upside from April’s lows has been achieved – bitcoin enters blue sky territory with tailwinds in the fo

Bitcoin price rose to a new all-time high above $109,400 as the 90-day trade agreement between the US and China saw risk appetite return for traditional and cryptocurrency markets.

Bitcoin initially rose to $109,857 in value during trading Wednesday morning as trade war tensions eased between the United States and China and a recent U.S. credit downgrade.