Summary
TLDR: Bitcoin’s price reached an all-time high of $69,045, with market capitalization exceeding $1.3 trillion. Bitcoin ETF volumes hit record levels but saw negative net inflows on Friday. While some believe the momentum will continue, others predict a pullback before the upcoming halving in April.
Key Points
1. Bitcoin’s price hit an all-time high on Tuesday, surpassing $69,045 after posting sustained market gains through Sunday.
2. In November 2021, bitcoin (BTC) hit its previous all-time high of $69,044, according to data from CoinGecko. Ether (ETH) also gained intraday, hovering near $3,600.
3. Bitcoin ETFs hit record volumes last week, reaching a high of $7.6 billion before retreating to roughly $5 billion on Thursday.