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.