Friday, 8 March 2024 Bitcoin reached a record high above $70,000, driven by investor demand for new US spot exchange-traded crypto products and expectations of falling global interest rates. The rally was supported by an upgrade to the ethereum blockchain platform and the upcoming bitcoin "halving" event. Institutional investors, including BlackRock's iShares Bitcoin Trust, have also entered the market.
As Bitcoin hit a new all-time high this morning surpassing $72,700, Bitcoin pioneer Max Keiser raised his upper target for this BTC cycle to $750,000 per coin.
Bitcoin just delivered another knockout punch, reaching a new all-time high two days in a row! But is the world truly prepared to embrace the orange pill and hop on board the Bitcoin train?
Bitcoin surges to a record high of $72,000 with inflows into US exchange-traded funds. The original cryptocurrency rose as much as 4% to $72,234 on Monday. Other... IndiaTimes