The record level of $68,999 was set in November 2021.
Currently, the flagship cryptocurrency is trading at $65,527.
As noted by Reuters, this year alone, bitcoin has doubled in value, and most of the growth has come in the last few weeks — due to the growth of ETF trading volumes
«Investors feel more confident that the price will be higher», — said Marcus Thielen, head of crypto analytics at 10x Research in Singapore.
A smaller competitor, Ethereum, also grew by 50% in early 2024 — as of Monday morning, its price reached $3,490, slightly less than the two-year high reached last week.