Bitcoin Surges to Record-Breaking $70,000 High
TL;DR Summary
Bitcoin surged to a new high of $70,400 during Asian trading hours, following the approval of spot bitcoin exchange-traded funds in the U.S. The cryptocurrency has been steadily rising and crossed $70,000 for the first time last week, with $1 billion in BTC withdrawals indicating a bullish mood. This marks a significant development in the Bitcoin ecosystem, with financial advisors eagerly anticipating the arrival of a spot Bitcoin ETF.
- Bitcoin Vaults Over $70K, Hits New Highs CoinDesk
- Bitcoin pushes past $70,000 in fresh surge for the cryptocurrency MarketWatch
- Why Crypto Just Won't Die The Atlantic
- Bitcoin's Wild Price Booms and Busts Are Going to Continue Forever Business Insider
- Bitcoin Tops $71000 for the First Time as Rally Builds Steam Bloomberg
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
0 min
vs 1 min read
Condensed
25%
92 → 69 words
Want the full story? Read the original article
Read on CoinDesk