Bitcoin Hits New All-Time High Above $71,000

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Bitcoin Hits New All-Time High Above $71,000
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Bitcoin's price surpasses $71,000 and reaches a new all-time high of almost $72,000. Its market cap exceeds $1.4 trillion, making it the 8th largest financial asset. BlackRock's involvement with a spot Bitcoin ETF filing was a game-changer.

Bitcoin 's bull run continues as it breaks above $71,000 and reaches a new all-time high of almost $72,000. Its price has gained over 60% since the start of the year, and its market cap exceeds $1.4 trillion.

BTC is now the 8th largest financial asset. Despite doubters claiming its failure, Bitcoin rebounded from $20,000 in March 2023 and gained traction. BlackRock's involvement, as the world's largest asset manager, was a game-changer with the filing of a spot Bitcoin ETF.

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