Bitcoin Surges Past $71,000: Highest Level Since April!
Bitcoin [BTC] has once again captured the spotlight by surging past $71,000. This is its highest level since April. Technical Bitcoin (BTC) surges above $71,000 on early Tuesday, reaching its highest level since early April. Bitcoin rose above $71,000 in Asian afternoon hours for the first time since April 1 ahead of the reward halving expected later this month, boosting Ordinal and BRC-20.
Bitcoin Price Reaches New Heights
Bitcoin has surpassed $71,000 as a new all-time high, driven by increasing ETF inflows. Bitcoin traded today at $70,966.93, up 0.11% over the past 24 hours, with a 24-hour range spanning from $70,390.71 to $71,735.41. This marks the fourth consecutive day of a bullish trend for the leading cryptocurrency. This momentum reflects strong investor confidence and growing institutional adoption.
What's Driving the Bitcoin Surge?
Bitcoin jumped above $71,000 in Asian morning hours Tuesday to lead a wider market move ahead. Bitcoin (BTC) soared above $71,000 early Tuesday, reaching its highest level since early April, while Ether jumped more than 19% to $3,700. This surge followed nearly a week ahead of the U.S. elections that traders largely . Further, the Ether also jumped more than 19 per cent to $3,700.