3:13 PM · 5 March 2024

BITCOIN at new ATH❗

Bitcoin, which is the most popular and largest cryptocurrency by capitalisation, broke through its milestone today. Breaking through the US$69,000 barrier officially lifts BTC to its highest ever levels, set in November 2021. Euphoria over the acceptance of spot ETFs and BTC's impending halving have fuelled the cryptocurrency, which has already gained nearly 63% since the start of the year.

The start of the week saw another sizable net inflow into Bitcoin-based ETFs. Source: XTB Research

BTC breaks through its historic peaks. Source: xStation

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