Bitcoin eyes 60000-dollar mark in biggest rally since late 2020 inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.
Cryptocurrency News: Bitcoin shattered expectations by hitting the $60,000 mark on Wednesday, a feat not seen in over two years. This surge is part of a larger trend, with a 42% price increase in February alone, marking its most significant monthly gain since December 2020. Read more about the rally and market dynamics.
LONDON: Bitcoin hit US$60,000 on Wednesday (Feb 28) for the first time in more than two years, as a flurry of capital into new US spot bitcoin exchange-traded products fuelled a 42 per cent price rally in February, which would mark its largest monthly gain since December 2020. Bitcoin was last up 6 pe
Bitcoin, during the day s trading session, peaked to $60,131, which was 6 percent higher as compared to the previous day. The price was also the highest since November 2021, when the cryptocurrency had reached close to the $70,000-mark.