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Bitcoin Surges to Astounding New Record Highs, Exceeding $70,400

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Updated on 23rd April 2024

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Bitcoin Surges to Astounding New Record Highs, Exceeding $70,400

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LONDON, March 11 (Reuters) – Bitcoin skyrocketed to yet another historic milestone on Monday, surpassing the remarkable threshold of $70,400, indicating a relentless surge in the premier cryptocurrency’s value.

It surged to $70,488.50 in early European trading, as data from LSEG illustrated. The cryptocurrency’s meteoric rise has been fueled by an influx of funds into newly established spot bitcoin exchange-traded funds, along with mounting anticipation of imminent interest rate cuts by central banks.

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#BitcoinPrice #CryptoSurge #EuropeanTrading #HistoricMilestone #InterestRateCuts Bitcoin cryptocurrency

Andrej Kovacevic

Editor at TechLoot. A digital marketing specialist, tech writer and evangelist with over 10 years of experience helping small businesses of all kinds build brands that get noticed and drive sales. An avid technology media consumer, with a keen interest in topics related to digital marketing, fintech and productivity. You can find him providing tips, advice, and in-depth coverage of the latest developments in the world of the digital entrepreneur and sharing insights gained from the experiences in the technology industry.