Bitcoin price briefly hits new all-time high with support from BTC ETFs

Bitcoin has surpassed its old all-time high of $69,000 with help from Wall Street’s pump into the new U.S.-based spot Bitcoin ETFs.

Bitcoin has hit a new all-time high (ATH) of $69,300, almost two and a half years after the peak of the last bull market.

It’s been a long journey since November 2021, when Bitcoin (BTC) lost momentum, shifting from a full-on bull market into a prolonged crypto winter.

Crypto traders had to wait until the beginning of 2023 for signs of hope. Since then, the price of BTC has climbed steadily, entering a new price discovery phase.

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Source: https://cointelegraph.com/news/bitcoin-price-all-time-high-btc-etfs