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

Marec, 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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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.