Bitcoin tops $72,000 for the first time as rally builds steam
Monday, 11 March 2024 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 cryptocurrencies also rise. Market experts attribute the rally to positive sentiment. Bitcoin ETFs attract $10 billion. London Stock Exchange accepts Bitcoin, Ether ETN applications. MicroStrategy Inc. buys $822 million worth of Bitcoin.
Bitcoin was released in 2009 as peer-to-peer digital cash for use by everyone, bypassing banks and governments. In 2017, Bitcoin (BTC) was co-opted and transformed into a store of value, dubbed..
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