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Bitcoin hits new record high above $70,400
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LONDON (Reuters) — Bitcoin hit a new record high on Monday above $70,400, as the surge in the biggest cryptocurrency showed no signs of slowing down.
It rose to $70,488.50 in early European trading, LSEG data showed. The cryptocurrency has been boosted by a flood of cash into new spot bitcoin exchange-traded funds as well as hopes that the Federal Reserve will soon cut interest rates.
Read more on investing.comAbout this in other media
Bitcoin sets new record at $71,000 investmentnews.com /7 months ago
Bitcoin hits fresh record high above $71,000 as UK opens the door to crypto exchange-traded products cnbc.com /7 months ago
Gold surges to record highs above $2,160 as Powell touts rate cuts investing.com /7 months ago
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