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Bitcoin hits new record high above $70,400

Bitcoin price: Bitcoin rose to $70,488.50 in early European trading, LSEG data showed.

Published on: Mar 11, 2024, 13:19:57 IST
Reuters
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Bitcoin hit a new record high on Monday above $70,400, as the surge in the biggest cryptocurrency showed no signs of slowing down.

Bitcoin price: Bitcoin rose to $70,488.50 in early European trading, data showed.
Bitcoin price: Bitcoin rose to $70,488.50 in early European trading, data showed.

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It rose to $70,488.50 in early European trading, LSEG data showed. The cryptocurrency has been boosted by a flood of cash into new spot bitcoin exchange-traded funds as well as hopes that the Federal Reserve will soon cut interest rates.

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