Bitcoin Price Hits Fresh Record Highs, Eyes $70,000 Mark
Monday, 11 March 2024, 07:29
Bitcoin's Rise Above $70,000
After a brief dip below $68,000 earlier in the day, Bitcoin has surged to fresh record highs above $70,000. The cryptocurrency is now attracting buyers, indicating a strong start to the week.
Post-ETF Fallout and Recovery
Following a drop below $40,000 in late January post-ETF fallout, Bitcoin found support at the 100-day moving average. Since then, it has rallied by over 75%, showcasing a remarkable recovery.
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