Bitcoin’s price reached highest level in its history – $ 69 170

Bitcoin cryptocurrency price broke the record for the first time rising above the $ 69,000 mark, against the background of the Bitcoin (ETF),

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According to the analytical company CoinmarketCap, the cost of the global cryptocurrency market, including bitcoin, increased by 3 percent in 24 hours, exceeding 2 trillion $ 540 billion.

Bitcoin, the largest cryptocurrency, over the past 24 hours has risen in price by more than 2.6 percent against the background of the continuing growth of investment in the Sport Bitcoin Funds ETF.

expectations that the main central banks will begin to reduce interest rates this year and move on to a more stimulating monetary policy, also support bitcoin growth.

Bitcoin, which tested the level of $ 69,000 in November 2021, reached the highest level in its history, bargaining at $ 69 170 as of 18.10 TSI today.

Bitcoin price fell back to the range of $ 68,000 amid the sales effect of profit after reaching a record level.

Last year, Bitcoin rose by about 157 percent.

Analysts note that the rising impulse in the price of cryptocurrencies can continue due to the halving process, which will occur in April and reduce the proposal of new bitcoins.

Ethereum, which occupies 2nd place in market value, also rose by 6.6 percent over the past 24 hours, reaching $ 3,793. Ethereum broke the record, rising above $ 4,000 in 2021.

January 11, the US Securities and Exchange Commission (SEC) approved 11 applications for the creation of spot-bitcoin -etf.