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Bitcoin rises to another record, ether breaks through $4,000 - TL;DR CNBC

Bitcoin rises to another record, ether breaks through $4,000

Publishing timestamp: 2024-03-11 16:11:35


Summary

Bitcoin reached another record high, driven by inflows into U.S. spot bitcoin ETFs. Ether also broke $4000 for the first time since December 2021. Companies tied to the price of bitcoin had mixed performance, with miners falling. The U.K.'s Financial Conduct Authority will allow exchanges to list cryptocurrency-linked exchange-traded products for the first time, potentially leading to increased institutional investment in bitcoin and other cryptocurrencies.


Sentiment: MIXED

Tickers: BTC.CM=IRENRIOTETH.CM=CLSKCOINMARAMSTR

Keywords: marathon digital holdings incbreaking news: technologymicrostrategy inccoinbase global incriot platforms incbitcoiniris energy ltdbitcoin/usd coin metricsbreaking news: investinginvestment strategybreaking news: marketscryptocurrencytechnologycleanspark incbusiness newsmarketsethereum/usd coin metricsinternet

Source: https://www.cnbc.com/2024/03/11/bitcoin-btc-tops-71000-as-uk-fca-opens-door-to-crypto-etns.html


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