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.

Side Hustle

The Side Hustle He Started in His College Apartment Turned Into a $70,000-a-Month Income Stream — Then Earned Nearly $2 Million Last Year

Kyle Morrand and his college roommates loved playing retro video games — and the pastime would help launch his career.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Growing a Business

How to Determine The Ideal Length of Your Marketing Emails Your Customers Will Actually Read

Wondering how long your marketing emails should be? Here's what consumers say — so you can send them exactly what they like.

Business News

A Former Corporate Lawyer Now Makes Six Figures on YouTube — Here's How She Does It

Here are the secrets to starting and growing a successful YouTube channel, according to a YouTuber with millions of subscribers.

Business Culture

You'll Always Have Anxious Employees if You Don't Follow These 4 Leadership Tactics

Creating a thriving workplace environment hinges on the commitment of company leaders to nurture and inspire their teams.

Science & Technology

Why We Shouldn't Fear AI in Education (and How to Use It Effectively)

Facing resistance to new technologies in the educational process is nothing new, and AI is no exception. Yet, this powerful tool is set to overcome these challenges and revolutionize education, preparing students and professionals for a future of unparalleled efficiency and personalized learning.