
Bitcoin's price surpassed the $65,000 mark on Monday amid increased demand ahead of a new halving (a reduction to half of the reward for mined blocks), and a significant influx of purchases by companies issuing spot Bitcoin ETFs, BlackRock and Fidelity Investments among them.
The largest cryptocurrency in the ecosystem briefly touched $66,387.95 on Monday morning, placing the digital asset less than $3,000 away from its all-time high from November 6, 2021, when it traded at $68,991.