Bitcoin's new $71K record high: What's fueling the gains?
Monday, March 11th 2024, 5:20:38 pm
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Bitcoin (BTC-USD) has hit a new all-time high of $71,000, marking a significant milestone for the cryptocurrency. The surge has been fueled by a remarkable increase in demand, driven by heightened investor interest and substantial inflows into spot bitcoin exchange-traded funds (ETFs). Yahoo Finance senior reporter David Hollerith breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
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