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The bitcoin exchange rate has set a historical maximum at $69 thousand


March, 05 2024
watermark Economic news

On Tuesday, March 5, the bitcoin exchange rate on the Binance exchange exceeded the $69 thousand mark and updated its historical maximum reached in November 2021.


The value of the token was $68.4 thousand, which means an increase of 3.41% over the past 24 hours. Then the exchange rate continued to grow and exceeded the mark of $69 thousand in a few minutes.


According to the portal, in recent weeks, the cryptocurrency has grown by 60%, and its capitalization has exceeded $1.35 trillion, which is also a record high.


Experts explain that the sharp rise of bitcoin is due to a significant influx of capital into American spot exchange-traded funds (ETFs) for bitcoin, launched in January. In particular, investment companies Blackrock and Fidelity Investments have invested about $8 billion in bitcoin since January 11.


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