Bitcoin Soars to Highest Price Ever as More Money Invested in ETFs

March 08, 2024 at 09:00 AM EST

Monday, March 4, 2024, saw Bitcoin soar to its highest price ever, ending a more than two-year period of stagnation that had many questioning the viability of the entire cryptocurrency industry. The trailblazing digital currency surpassed its previous high of $68,789 on Nov. 10, 2021, with a remarkable $68,791 in trading.

In recent months, the surge in Bitcoin’s value has been significantly boosted by the approval of Bitcoin spot ETFs by the U.S. Securities and Exchange Commission (SEC). This provided a gateway for traditional investors to add Bitcoin to their investment portfolios. The road to approval was lengthy, marked by…

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.CryptoCurrencyWire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://www.CryptoCurrencyWire.com/Disclaimer

CryptoCurrencyWire
New York, NY
www.CryptoCurrencyWire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is powered by IBN