Bitcoin eyes record high as cryptocurrency bursts above US$65K
Read more here:
https://globalnews.ca/news/10333072/bit ... time-high/
Bitcoin rallied to a two-year high on Monday, breaking above US$65,000 as a wave of money carried it within striking distance of record levels.
The price hit a session high of US$65,537 early in Europe, having already hit a new two-year high in Asian trading. It was last up four per cent at US$65,045. Bitcoin hit a record US$68,999.99 in November 2021.
The largest cryptocurrency by market value has gained 50 per cent this year and most of the rise come in the last few weeks where inflows into USA-listed bitcoin funds have surged.
Spot bitcoin exchange-traded funds were approved in the United States earlier this year. Their launch opened the way for new large investors and has re-ignited enthusiasm and momentum reminiscent of the run up to record levels in 2021.
Bitcoin eyes record high as cryptocurrency bursts above US$65K
Re: Bitcoin eyes record high as cryptocurrency bursts above US$65K
This bitcoin price is indeed very close to the record of US$68,999.99 in November 2021. I wonder if Bitcoin will go up to US$100,000.
It is pretty scary to invest in this, seeing how 1 year ago, the price was US$20,000. The price goes up and down wildly.
It is pretty scary to invest in this, seeing how 1 year ago, the price was US$20,000. The price goes up and down wildly.
Re: Bitcoin eyes record high as cryptocurrency bursts above US$65K
Bitcoin is about to undergo another 'halving' event — here's what that means
Read more here:
https://markets.businessinsider.com/new ... ned-2024-3
- The next bitcoin "halving" event is set to take place in April.
- Previous halvings have powered the cryptocurrency higher by reducing the number of new tokens in circulation.
- Bitcoin hit a new record high this week — and some analysts believe it could soon get to six figures.
Read more here:
https://markets.businessinsider.com/new ... ned-2024-3
- The next bitcoin "halving" event is set to take place in April.
- Previous halvings have powered the cryptocurrency higher by reducing the number of new tokens in circulation.
- Bitcoin hit a new record high this week — and some analysts believe it could soon get to six figures.
Re: Bitcoin eyes record high as cryptocurrency bursts above US$65K
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Re: Bitcoin eyes record high as cryptocurrency bursts above US$65K
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