Get all your news in one place.
100's of premium titles.
One app.
Start reading
Latin Times
Latin Times
National
Rocío Magnani

Bitcoin Hits $65,000 Milestone Amid Rising Demand and Influx of ETFs

Bitcoin's price surpassed $65,000 on Monday. (Credit: Unsplash.com/Kanchanara)

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.