Bitcoin Hits Record High, Soars Past $109k | Nike Set To Raise Prices Next Week | The World Report

Bitcoin has soared to a new all-time high of $109,760, driven by improving global sentiment and investor interest in alternatives to the U.S. dollar following a Moody's downgrade of U.S. debt. Easing U.S.-China trade tensions and a tech market rally also helped fuel the surge. In another development, Nike will raise prices on adult apparel and equipment next week by up to $10. The company is also set to relist products on Amazon after a six-year hiatus. Children's products will remain unaffected ahead of the back-to-school season. Watch The World Report for the latest updates.