Bitcoin Surges Above $60,000, Reaching Highest Level in Months; Here Are All The Details

Bitcoin surged past $60,000 on Wednesday, hitting its highest level since November 2021. It rose as high as $60,734.42 before settling just under that level, with gains of over 6%. The move puts Bitcoin at an all-time high of $68,982.20, motivating investors to see that level retested. Bitcoin has soared over 18% this week alone and is up over 40% so far in 2024. The upcoming halving event and increased institutional accessibility through ETFs fuel expectations of further gains. Companies with bitcoin exposure, like Coinbase and MicroStrategy, saw their shares rise.