Bitcoin Rises; Justin Sun Apologies After Delaying Charity Lunch With Warren Buffe

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Investing.com - Prices of Bitcoin and other major cryptocurrencies gained on Monday in Asia, although no particular news item was attributed to the move higher.

Bitcoin gained 2.5% to $9,761.8 by 12:15 AM ET (04:15 GMT). Ethereum rose 2.3% to $211.99. XRP inched up 0.6% to 0.31208, while Litecoin traded 2.2% higher to $90.538.

While not a directional driver, Chinese cryptocurrency entrepreneur Justin Sun made headlines today as he apologized in a blog post on Weibo after he postponed his charity lunch with Warren Buffett.

Sun said he acted immaturely and set a bad example for the public while “excessively” promoting the event. “It has produced a lot of consequences that I completely did not expect,” he said.


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