Bitcoin touches an all-time high above $69,000 then falls 5%
Publishing timestamp: 2024-03-05 12:20:17
Summary
Bitcoin reaches new all-time high fueled by excitement over ETFs and upcoming halving event. Industry experts believe this milestone demonstrates crypto's ability to bounce back and persevere. Retail investors may re-engage with the market, leading to more capital flows into altcoins. However, caution is advised as the market is positioned for a possible steep correction.
Sentiment: POSITIVE
Tickers: BTC.CM=,
Keywords: business news, investment strategy, markets, technology, breaking news: investing, ishares bitcoin trust, cryptocurrency, bitcoin/usd coin metrics, breaking news: markets, bitcoin,
Source: https://www.cnbc.com/2024/03/05/bitcoin-all-time-high.html