Bitcoin Crosses All-Time High. What Investors Should Keep In Mind During BTC’s Latest Bull Run

Bitcoin price surpassed its all-time high of $69,000 for the first time since 2021.

Bitcoin has already surpassed record highs in local currencies in many countries, such as China, Japan, the UK, India, Argentina, Turkey, and Egypt.

Source : Getty

The year 2024 started with excitement for the crypto industry due to the US Securities and Exchanges Commission (SEC) approving the spot Bitcoin ETFs and with the Bitcoin Halving scheduled for this April. When we look at Bitcoin in February 2023, it traded at the $23,000 level, but today it has surpassed the $69,000 level beating its all-time high. The market capitalization of Bitcoin reached $1.31 Trillion surpassing the $1.28 Trillion from November 2021. This surge can be attributed to