Bitcoin Surges Beyond $60,000 for the First Time Since November 2021!!!!

During Wednesday's morning U.S. trading hours, the price of bitcoin (BTC) surpassed $60,000, marking its initial ascent above this threshold since November 2021. This week's surge seems to stem from significant inflows into U.S.-based spot ETFs, as the new funds acquired over 12,000 bitcoins on Tuesday, following a purchase of about 10,000 on Monday.

Now that bitcoin has surpassed the $60,000 mark, bullish investors may have their sights set on the cryptocurrency's all-time high of $69,045, established on November 10, 2021.

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