Get All Access for $5/mo

Bitcoin Trades 7% Higher Bitcoin was trading over 7% higher on Monday morning, priced around $66,105 per coin.

By Entrepreneur Staff Edited by Emily Rella

da-kuk | Getty Images

Bitcoin was trading over 7% higher on Monday morning, priced around $66,105 per coin.

Ether, was trading over 3% higher, priced at $4,722.

Dogecoin, meanwhile, was up over 9%, trading at a little over $0.28, per Coindesk.

Cryptocurrency was a hot topic last week, as Miami Mayor Francis Suarez vowed on Twitter to take his next paycheck in bitcoin. Incoming New York City Mayor Eric Adams replied to the tweet, one-upping the Republican.

"In New York we always go big, so I'm going to take my first THREE paychecks in Bitcoin when I become mayor. NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!" wrote Adams.

The value surges in crypto coins preceded the jockeying between the two politicians, however. Bitcoin has surged, hitting record highs this fall.

The first Bitcoin Futures ETF launched in late October, as well, crossing exchange-trade funds into the cryptocurrency world.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Starting a Business

I Left the Corporate World to Start a Chicken Coop Business — Here Are 3 Valuable Lessons I Learned Along the Way

Board meetings were traded for barnyards as a thriving new venture hatched.

Business News

'Passing By Wide Margins': Elon Musk Celebrates His 'Guaranteed Win' of the Highest Pay Package in U.S. Corporate History

Musk's Tesla pay package is almost 140 times higher than the annual pay of other high-performing CEOs.

Business News

Joey Chestnut Is Going From Nathan's to Netflix for a Competition 15 Years in the Making

Chestnut was banned from this year's Nathan's Hot Dog Eating Contest due to a "rival" contract. Now, he'll compete in a Netflix special instead.

Marketing

Are Your Business's Local Listings Accurate and Up-to-Date? Here Are the Consequences You Could Face If Not.

Why accurate local listings are crucial for business success — and how to avoid the pitfalls of outdated information.

Money & Finance

Day Traders Often Ignore This One Topic At Their Peril

Boring things — like taxes — can sometimes be highly profitable.

Growing a Business

He Immigrated to the U.S. and Got a Job at McDonald's — Then His Aversion to Being 'Too Comfortable' Led to a Fast-Growing Company That's Hard to Miss

Voyo Popovic launched his moving and storage company in 2018 — and he's been innovating in the industry ever since.