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✓ Published: 29-Feb-2024
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✓ Published: 29-Feb-2024
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Bitcoin surged past $60,000 on Wednesday, hitting its highest level since November 2021. It rose as high as $60,734.42 before settling just under that level, with gains of over 6%. The move puts Bitcoin at an all-time high of $68,982.20, motivating investors to see that level retested. Bitcoin has soared over 18% this week alone and is up over 40% so far in 2024. The upcoming halving event and increased institutional accessibility through ETFs fuel expectations of further gains. Companies with bitcoin exposure, like Coinbase and MicroStrategy, saw their shares rise.
Bitcoin surged past $60,000 on Wednesday, hitting its highest level since November 2021. It rose as high as $60,734.42 before settling just under that level, with gains of over 6%. The move puts Bitcoin at an all-time high of $68,982.20, motivating investors to see that level retested. Bitcoin has soared over 18% this week alone and is up over 40% so far in 2024. The upcoming halving event and increased institutional accessibility through ETFs fuel expectations of further gains. Companies with bitcoin exposure, like Coinbase and MicroStrategy, saw their shares rise.
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