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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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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.