Bitcoin rises above $69,000 in new record high
- Bitcoin surged to a new all-time high above $69,000, driven by excitement over ETFs and the upcoming halving event.
- ETF approval by US regulators played a key role, driving billions in net new flows and making Bitcoin a more mainstream investment option.
- The industry overcame reputational and regulatory risks to reach this milestone, attracting retail investors and demonstrating Bitcoin's growing legitimacy.
93 Articles
93 Articles
New highs: Bitcoin briefly hits new record
NEW YORK — Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging. The world’s largest cryptocurrency jumped 4% this week and briefly surpassed $68,800 Tuesday, according to CoinMarketCap. That’s just above bitcoin’s previous record set in November 2021. The volatile asset soon fell some, standing at just under $62,000 as of 3 p.m. E…
Bitcoin & Bullion Hit Record Highs As "FOMO, YOLO, MOMO Stocks" Slump
Bitcoin & Bullion Hit Record Highs As "FOMO, YOLO, MOMO Stocks" Slump The big headlines for today were good (Gold bulls happy as the barbarous relic hit record highs), bad (bitcoin bulls happy then sad as the cryptocurrency broke to record highs and was then clubbed like baby seal), and ugly (Nasdaq - and MAG7 stocks - suffered their worst day since October). Investors also faced a slew of disappointing macro releases which may be weighing on …
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