Bitcoin breaks $70,000 in volatile trading, hitting a new record to end the week
Publishing timestamp: 2024-03-08 12:54:52
Summary
Bitcoin price hits new record, reaching over $70,000 for the first time. Introduction of spot bitcoin exchange-traded funds in the U.S. causing big crypto moves during traditional stock trading hours. Volatility in crypto trading this week, with sharp sell-offs followed by recoveries. Bitcoin historical volatility index at highest level in almost a year.
Sentiment: MIXED
Tickers: BTC.CM=,
Keywords: markets, investment strategy, business news, breaking news: markets, bitcoin, breaking news: investing, cryptocurrency, bitcoin/usd coin metrics, technology,
Source: https://www.cnbc.com/2024/03/08/bitcoin-breaks-70000-in-volatile-trading-hitting-a-new-record-.html