Bitcoin reached a new record price this month, surpassing $70,000 for the first time. This significant increase was influenced by the increasing demand for Bitcoin exchange-traded funds (Bitcoin-ETFs) launched by the US Securities and Exchange Commission (SEC) at the beginning of this year.

Bitcoin breaks the highest number for its price

The price of Bitcoin ranged between 71 and 72 thousand US dollars, achieving new records, and this increase comes within the framework of positive expectations for the currency in the markets. The growing interest from investors indicates a vibrant return to the cryptocurrency market after a severe recession.