Helena Lyng Blak
11 weeks ago

Bitcoin reaches new all-time high

The cryptocurrency traded above $69,000 on Tuesday.
tungtaechit, Shutterstock
tungtaechit, Shutterstock

It was a blink-and-you’ll-miss-it-moment. On Tuesday the world’s largest cryptocurrency briefly set a new record and increased, according to Bloomberg, increased to $69,191.95.

The foundational digital currency previously peaked at $68,991.85 in November of 2021. 

One significant element of Bitcoin’s recent surge has been the US Securities and Exchange Commission’s (SEC) recent approval of the listing and trading of Bitcoin exhange-traded funds (ETFs).

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