Bitcoin up on ETF growth

Is the Bitcoin ascent unstoppable?

Bitcoin has been on a remarkable ascent! It soared past the $72,000 mark on Monday 11th March 2024, setting a new all-time record.

This surge is attributed to a growing demand for new spot exchange-traded funds (ETFs), which have been approved for listing in the U.S. by some of the world’s largest financial firms. 

The market for these ETFs is expected to reach $62 billion in the next two or three years. The cryptocurrency keeps surprising everyone with its value, which has grown to an amazing $1.42 trillion and is still rising… again!

Bitcoin moved off its all-time record shortly after achieving it.

Bitcoin chart 11th March 2024 – see CoinMarketCap

Bitcoin chart 11th March 2024 – see CoinMarketCap

Leave a Reply

Your email address will not be published. Required fields are marked *