Congressman Buys Bitcoin Near All-Time Highs: How Much Has He Lost So Far?
Leading cryptocurrency Bitcoin (CRYPTO: BTC) hit new all-time highs in March 2024. A U.S. Congressman was among the people who bought Bitcoin when it traded near all-time highs, leaving his most recent cryptocurrency investment down one month later. What Happened: Bitcoin hit an all-time high of $73,750.07 on March 14, which came as the leading cryptocurrency passed new highs multiple times. The key catalyst of Bitcoin ETFs being approved and launching in January 2024 showed strong inflows and demand for investors in their first few months of trading. As Bitcoin passed the $70,000 mark, many i…