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BREAKING: Bitcoin Reaches $60K for the First Time Since April

source-logo  u.today 15 October 2021 02:26, UTC

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itcoin hit the much-coveted $60,000 for the first time since April 18 on the Bitstamp exchange at 5:19 UTC.  BTC

The benchmark cryptocurrency is now only 7% away from reclaiming its Apr. 14 all-time high of $64,804, which was hit on the day Coinbase went public.   

The market cap of the largest coin has swelled to $1.1 trillion. 

The most recent price spike came after Bloomberg reported about the U.S. security regulator not voicing opposition to a futures-based exchange-traded fund.   

Bitcoin has been outperforming altcoins as of recently due to the ETF hype.  

u.today