Bitcoin surges past $60,000: Cryptocurrency exceeds two-year high as investors have a renewed optimism
Bitcoin has surged to its highest price since 2021 as the cryptocurrency reported record inflows. This latest rally saw the cryptocurrency rise above $60,000 (£47,000) earlier today which is $10,000 (£79,000) short of the record high seen in November two years ago. With this development, Bitcoin has experienced a drastic turnaround with it trading below $20,000 (£15,800) last year. Analysts are citing the approval of spot exchange-traded funds (ETFs) in the US as the primary reason behind this price hike. Do you have a money story you’d like to share? Get in touch by emailing [email protected]. …