Bitcoin surged past $60,000 on Wednesday, hitting its highest level since November 2021. It rose as high as $60,734.42 before settling just under that level, with gains of over 6%. The move puts Bitcoin at an all-time high of $68,982.20, motivating investors to see that level retested. Bitcoin has soared over 18% this week alone and is up over 40% so far in 2024. The upcoming halving event and increased institutional accessibility through ETFs fuel expectations of further gains. Companies with bitcoin exposure, like Coinbase and MicroStrategy, saw their shares rise.
Category
đź—ž
NewsTranscript
00:00 It's Benzinga and here's what's on the block. Bitcoin surged past $60,000 on Wednesday,
00:05 hitting its highest level since November of 2021. It rose as high as $60,734.42 before
00:10 settling just under that level with gains of over 6%. The move puts Bitcoin close to its all-time
00:16 high of $68,982, motivating investors to see that level be tested. Bitcoin has soared over 18% this
00:22 week alone and is up over 40% so far in 2024. The upcoming halving event increased institutional
00:28 accessibility through ETFs are fueling expectations of further gains. Companies with Bitcoin exposure
00:34 like Coinbase and Microstrategy saw their shares raise. For all things money visit Benzinga.com