Bitcoin Pushes Past $71,000 to Make a New All-Time High

Bitcoin’s price has reached a new all-time high, surpassing the $71,000 mark with the rally still in progress. Over a period of six days, the world’s leading cryptocurrency has seen a more than 40% increase in value, bringing it close to surpassing the $72,000 threshold. The milestone comes approximately 39 days before the anticipated Bitcoin halving event on April 20, which will reduce mining rewards from 6.25 $BTC to 3.125 $BTC, adding to the narrative of bitcoin’s rising price.