Summary
Bitcoin briefly reached a record high of $70,136 before quickly dropping to $66,500 in U.S. trading hours.
Key Points
1. Bitcoin reached a new record high of $70,136 during U.S. trading hours.
2. The price quickly dropped by 5% to $66,500 shortly after reaching the record high.
3. The volatility of bitcoin’s price is evident as it experienced significant fluctuations within a short period of time.