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

Benzinga

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.

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00:00 It's Benzinga and here's what's on the block. Bitcoin surged past $60,000 on Wednesday,

00:05 hitting its highest level since November of 2021. It rose as high as $60,734.42 before

00:10 settling just under that level with gains of over 6%. The move puts Bitcoin close to its all-time

00:16 high of $68,982, motivating investors to see that level be tested. Bitcoin has soared over 18% this

00:22 week alone and is up over 40% so far in 2024. The upcoming halving event increased institutional

00:28 accessibility through ETFs are fueling expectations of further gains. Companies with Bitcoin exposure

00:34 like Coinbase and Microstrategy saw their shares raise. For all things money visit Benzinga.com

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