Bitcoin value climbs above $65,000, one step from all-time record
The biggest cryptocurrency by market value is continuing to rally with the price reaching above $65,000 (€59,919) in the early Asian trade on Monday, as institutional investors pushed up the prices of cryptocurrencies. The CoinDesk Bitcoin Price Index (XBX) had a peak of $65,563.25 (€60,408.34) in the early hours of Monday. The $65,000 is about 5% below Bitcoin's all-time high value in dollar terms of $69,000 which was set in November 2021. One of the main drivers of the current rally is that investment in crypto funds has risen rapidly since a financial product linked to Bitcoin, called Spot ...