Summary
Bitcoin rose to $67,000 after falling from its all-time high of $69,170. Investor interest is high due to ETF approvals and a halving event. The price fluctuated but remains volatile. Stay updated with daily crypto news.
Key Points
1. Bitcoin rose overnight, retaking $67,000 on Wednesday after falling to just above $62,000 on Tuesday. The fall came after Bitcoin reached its new all-time high of $69,170, according to CoinMarketCap. While still in the red, Bitcoin rose 7.89%.
2. Investor interest in Bitcoin has skyrocketed since the approval of several spot Bitcoin ETFs in January and the fast-approaching halving on April 20, 2024. But like Sir Isaac Newton said, “what goes up must come down,” and the price of Bitcoin went into freefall after reaching its highest peak.
3. Even as crypto Twitter hailed the new all-time high, some price aggregators and exchanges suggest $69,170 may not be the actual high. For example, Coinbase listed an all-time high of $69,324, so Bitcoin may still have a long way to go.