Bitcoin Surges to Record-Breaking $70,000 High
TL;DR
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.
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- Bitcoin Tops $71000 for the First Time as Rally Builds Steam Bloomberg
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