Bitcoin (BTC) Surges Above $69,000, Sets New All-Time High

IconCryptoNewsTerminal Staff13 Jun, 2024

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Bitcoin (BTC) Surges Above $69,000, Sets New All-Time High

Bitcoin (BTC) has surged above $69,000, hitting a new all-time high on the Binance USDT market. According to CryptoNewsTerminal market monitoring, BTC is currently trading at $69,132 and has gained over 5% in the past 24 hours. This latest surge comes after a period of consolidation for BTC, which had been hovering around the $65,000 mark for several weeks. The rally has been attributed to a number of factors, including institutional adoption and increased demand from retail investors. With BTC now above $69,000, all eyes will be on whether it can continue its upward trend and reach $70,000 or even $80,000 in the coming weeks.