"Bitcoin Hits New All-Time High Amid Surging Mainstream Interest"

Bitcoin surged to a new all-time high of $68,791 as mainstream investors flowed into the cryptocurrency market through exchange-traded funds (ETFs) following US regulators' approval. The approval of bitcoin ETFs has facilitated traditional investors' access to the digital asset, resulting in over $4.2 billion in net new flows within just a month. Bitcoin's rally, up over 200% in the past 12 months, has also been driven by anticipation of gains from the upcoming "halving" event, which reduces the number of bitcoins entering circulation and is expected to increase the cryptocurrency's value.