Bitcoin eyes record high as cryptocurrency bursts above US$65K
Posted: Mon Mar 04, 2024 11:36 pm
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.
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.
