Bitcoin near $120k: is this time different?
ANALYSIS: It's not clear whether the crypto currency ecosystem has actually changed, or just built a sturdier-looking casino.
Andy Tran
Sat, 20 Sep 2025
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
At US$120,000, or NZ$200,000, it’s enough for a 20% down payment on an Auckland home. Nearly four times the deposit needed for a first-home buyer. Or, as of July, the price of a single Bitcoin (it's since eased down to US$117,000).
There were no laser-eye Twitter profile pics this time. No
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Andy Tran
Sat, 20 Sep 2025
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
