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

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.