Bitcoin tops $72,000, another all-time high

Bitcoin set a new all-time high of $72,085 on Monday.
Bitcoin already hit a lifetime high of $71k earlier today.
The price of Ethereum recently crossed the $4,000 threshold.

Bitcoin set a new all-time high of $72,085 on Monday.

JUST IN: $72,000 #Bitcoin
— Watcher.Guru (@WatcherGuru) March 11, 2024

This unprecedented surge comes at a time when the cryptocurrency industry is witnessing increased mainstream adoption and a significant influx of investments from both retail and institutional players.

Prior to achieving this new all-time high, Bitcoin demonstrated strong performance by recording its highest weekly candle close ever at $69,062 on Bitstamp.

Matteo Greco, Research Analyst, at Fineqia International, says,

Speaking on the impact of the upcoming Bitcoin halving, he said: