Bitcoin Surges Past $70,000, Hitting a New High Since April
Bitcoin has broken above the $70,000 mark, reaching a new high since April 1, according to data from Every AI Flash News. As of press time, Bitcoin is trading at $70,015, up 1
Bitcoin has broken above the $70,000 mark, reaching a new high since April 1, according to data from Every AI Flash News. As of press time, Bitcoin is trading at $70,015, up 1.12% on the day.
The latest surge in Bitcoin's price has been driven by a number of positive factors, including:
- Approvals of several cryptocurrency exchanges by the U.S. Securities and Exchange Commission (SEC)
- Tesla CEO Elon Musk's announcement that the company will accept Dogecoin as payment
- Growing interest in cryptocurrencies from institutional investors
Market analysts believe that Bitcoin's breakout above the key psychological level of $70,000 could provide further momentum for the cryptocurrency.
Tag: Bitcoin Surges Past Hitting New High Since April
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