Advertisement
AD

Main navigation

Bitcoin Reaches New All-Time High of $62,700: Possible Reasons

Advertisement
Tue, 13/04/2021 - 8:50
A
A
A
Bitcoin Reaches New All-Time High of $62,700: Possible Reasons
Cover image via stock.adobe.com
Read U.TODAY on
Google News

Just now, the world’s flagship cryptocurrency has soared to reach a new all-time high of $62,700. The previous ATH was hit exactly a month agoon March 13and it was in the $61,800 zone.

Advertisement
Article image
Image via TradingView

Related

Bitcoin often rises on the news of new players jumping on its bandwagon.

Yesterday, it was reported that Time magazine had partnered with the largest Bitcoin fund, Grayscale, to make a series of videos about the crypto space.

Besides, Time will be paid in Bitcoin and BTC will be added to the magazine's balance sheet. Further positive news for BTC was that the Galaxy Digital fund led by Mike Novogratz filed for a Bitcoin ETF with the U.S. Security and Exchange Commission.

But most importantly, on April 14, Coinbase starts its direct listing on the Nasdaq. This is the major driver of Bitcoin's growth both yesterday and today.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailboxSubscribe
TopCryptoNewsinYourMailboxSubscribe
Advertisement
Advertisement
Subscribe to daily newsletter

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD