#Bitcoin a USD 71,000 activates indicator that anticipated historical highs
The digital currency is about $3,000 away from its current all-time high price.
The price of bitcoin ($BTC ) soars above $71,000, a level not seen since March 15, 2024.
In the last 24 hours, the price of #BTC rose about 8% and, in the last 7 days, more than 13%.
The price increase is based on purchases by large investors, which includes institutional and corporate capital that is entering the world of #ETF spot bitcoin. These financial products were approved in January in the United States and are an indirect way to gain exposure to the price of BTC.
