"Bitcoin" Reaches Its Historic High of $69,000

  • International
  • 5 March 2024
1

Bitcoin rose more than 7 percent to touch the historic high of $69,000 before falling to $65,000.

Bitcoin's gains since the beginning of the year have exceeded more than 50 percent, supported by continued purchases of Bitcoin by ETFs.

According to “CoinDesk”, the growing momentum, high institutional demand, and anticipation of the Bitcoin halving process scheduled for April are among the main reasons behind the increase in the price of Bitcoin.

Source (Al-Arabiya.net Website, Edited)

Related News

Get an annual subscription in Al-Omran Al-Arabi Magazine

SUBSCRIBE NOW