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Bitcoin surges past $60,000, edging closer to its record-breaking peak

On Wednesday, Bitcoin surpassed its previous high and climbed above $60,000. The digital currency has been on a steady upward trajectory ever since a new investment method linked to it was approved.

Published February 28,2024
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Bitcoin passed the $60,000 mark on Wednesday, approaching its all-time high and continuing its unbridled rise since the approval of a new type of investment indexed to the cryptocurrency.

At about 1325 GMT, bitcoin was trading at around $60,520, closing in on its all-time high of $68,991 that was reached in November 2021.