Demand Surge Pushes Bitcoin above $72,000

  • International
  • 12 March 2024
1

Bitcoin hit an unprecedented level of over $72,000, showing no sign of the cryptocurrency losing bullish momentum.

In the latest trade, Bitcoin rose 4.4 percent to $72,649 after hitting $72,739. The world's most valuable cryptocurrency was supported by cash flows to new Bitcoin spot-market funds, as well as hopes that the Federal Reserve will cut interest rates soon.

Source (Al-Arabiya.net Website, Edited)

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