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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=,  IREN,  RIOT,  ETH.CM=,  CLSK,  COIN,  MARA,  MSTR, 

Keywords: marathon digital holdings inc,  breaking news: technology,  microstrategy inc,  coinbase global inc,  riot platforms inc,  bitcoin,  iris energy ltd,  bitcoin/usd coin metrics,  breaking news: investing,  investment strategy,  breaking news: markets,  cryptocurrency,  technology,  cleanspark inc,  business news,  markets,  ethereum/usd coin metrics,  internet, 

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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