Forex

Bitcoin surpasses $70,400, reaching a new all-time high in the market.

Bitcoin Reaches All-Time High Above $70,400

Unprecedented Bitcoin Surge Continues

Bitcoin has broken through a new record high, surpassing $70,400 on Monday, showcasing the ongoing momentum in the cryptocurrency market. The remarkable surge of the leading digital asset shows no signs of slowing down, captivating investors worldwide.

European Trading Sees Bitcoin Soar

In early European trading, Bitcoin soared to $70,488.50, as indicated by data from the London Stock Exchange Group. The cryptocurrency’s meteoric rise can be attributed to the influx of capital into newly established spot bitcoin exchange-traded funds and optimistic expectations surrounding potential interest rate cuts by the Federal Reserve.

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