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Breaking: Bitcoin Hits $75,000

source-logo  u.today 24 h

The price of Bitcoin, the largest cryptocurrency, hit a new all-time high of $75,080 at 3:08 UTC on the Bitstamp exchange.

It has since given up some gains, currently trading slightly above the $74,000 level.

The leading cryptocurrency has surged by more than 6% on Tuesday.

Bitcoin's previous record high was set back in March following the launch of various spot ETFs in the U.S.

The cryptocurrency's market cap is currently approaching $1.5 trillion.

u.today