Bitcoin jumped again, know what is the price now?

Despite ongoing regulatory discussions in many countries, investor confidence in Bitcoin remains intact.

It has reached a record high in volatile trade on Friday

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Bitcoin has crossed the $70,000 level for the first time due to investor demand for

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new US spot exchange-traded crypto products and expectations of falling global interest rates.

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The last few weeks have seen billions of dollars invested in ETFs

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The market is getting additional support from an outlook that includes the upgrade of the Ethereum blockchain platform,

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the return of Ether and the Bitcoin “halving” event. This may slow down Bitcoin minting in April.

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Due to high-profile corporate bankruptcies and scandals, the crypto market had seen a huge decline for 18 months.

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But recently 11 spot Bitcoin ETFs have been approved by the US Securities and

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Exchange Commission. The crypto industry is likely to benefit greatly from this decision.

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Exchange Commission. The crypto industry is likely to benefit greatly from this decision.

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Actually, institutional investors had sidelined crypto due to its sharp and wild moves.

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Analysts say this decision could help sustain this latest rally.

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Analysts say this decision could help sustain tNet flows into the 10 largest U.S. spot bitcoin funds reached

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$2.2 billion as of March 1, according to LSEG data.his latest rally.

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Of which more than $2 billion went to BlackRock's iShares Bitcoin Trust.

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The effect of increasing confidence in Bitcoin is also being seen on other digital tokens, especially Ether.

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It is second only to Bitcoin in terms of total market value. Ether has increased by more than 60% since the beginning of the year.

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Despite ongoing regulatory discussions in many countries, investor confidence in Bitcoin remains intact.

It has reached a record high in volatile trade on Friday

Bitcoin has crossed the $70,000 level for the first time due to investor demand for

new US spot exchange-traded crypto products and expectations of falling global interest rates.

The last few weeks have seen billions of dollars invested in ETFs

The market is getting additional support from an outlook that includes the upgrade of the Ethereum blockchain platform,

the return of Ether and the Bitcoin “halving” event. This may slow down Bitcoin minting in April.

Due to high-profile corporate bankruptcies and scandals, the crypto market had seen a huge decline for 18 months.

But recently 11 spot Bitcoin ETFs have been approved by the US Securities and

Exchange Commission. The crypto industry is likely to benefit greatly from this decision.

Exchange Commission. The crypto industry is likely to benefit greatly from this decision.

It is better to invest money in the long term

Actually, institutional investors had sidelined crypto due to its sharp and wild moves.

Analysts say this decision could help sustain this latest rally.

Analysts say this decision could help sustain tNet flows into the 10 largest U.S. spot bitcoin funds reached

$2.2 billion as of March 1, according to LSEG data.his latest rally.

Of which more than $2 billion went to BlackRock's iShares Bitcoin Trust.

The effect of increasing confidence in Bitcoin is also being seen on other digital tokens, especially Ether.

It is second only to Bitcoin in terms of total market value. Ether has increased by more than 60% since the beginning of the year.