Saturday, 04 December 2021 05:50 GMT

Bitcoin reaches USD60,000 close to record high


(MENAFN) On Friday, Oct. 15 the biggest cryptocurrency in the world Bitcoin reached USD60,000 unprecedentedly in six months close to its record high, as shareholders’ confidence increased regarding US watchdog’s acceptance of the start of an exchange-traded fund (ETF) established in its coming pacts.

Cryprocurrency shareholders have been anticipating the admission of the initial US ETF for Bitcoin, whose latest race is being pumped partially by expectation of such a step, which is perceived as speeding up the typical acceptance of virtual assets.

Bitcoin increased 4.5 percent to its greatest rate since 17 of April, and was eventually at USD59,260.


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