Bitcoin Tops Above $60,000: BTC is on its All-Time High since 2021

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In this Webstory, we will talk about the Bitcoin price hitting the $60,000 mark today and its doubled price in the past year.

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Bitcoin tops above $60,000 for the first time in over two years, nearing its record high, driven by a rapid rally of 42% in the first two months of 2024.

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This spike evokes memories of the 2021 bull market frenzy, with investors rushing in amid FOMO.

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US regulators approving spot bitcoin ETFs has attracted significant investment, with 303,000 bitcoins now held by 11 funds, worth $18 billion.

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Analysts predict the all-time high could be surpassed soon, fueled by the influx of bitcoin funds.

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The crypto rally coincides with a broader uptrend in traditional markets, fueled by Nvidia's strong AI-driven performance.

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However, Coinbase faces disruptions due to high traffic, including instances of users seeing zero balances in their accounts.

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I hope you enjoyed it. Stay tuned for more relevant stories, and don't miss out on the new updates, business ideas, self-improvement tips, and world facts.

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