Bitcoin reaches $60,000 as the record high approaches.
With the upcoming "halving" event, which will see a 50% reduction in Bitcoin supply, the price has surged.
For the first time since November 2021, Bitcoin has reached $60,000, placing it just shy of a new record high.
After days of sharp increases, the price of one Bitcoin peaked early on Wednesday afternoon at $60,650.
It was close to the all-time high of $67,707 recorded on 9 November 2021, when many people turned to the digital asset in the pandemic.
After a collapse in price in late 2022, it has witnessed a resurgence - in large part due to new products in the US that allow people to track the value of Bitcoin without owning it, something known as an
In Indian currency value ₹53,65,365 it is all times high.
Known for their volatility, data from the Financial Conduct Authority of the United Kingdom indicates that about five million Britons have invested in cryptocurrencies; yet, 45 percent of them had a loss in the year ending in April 2022.
ADDITIONAL BITCOIN INFORMATION Is Soon