The price of bitcoin (BTC) rose above $60,000 during morning U.S. trading hours on Wednesday, it’s first time since November 2021.
This week’s rally appears to have been driven by huge inflows right into the U.S.-based place ETFs, with the brand-new funds adding more than another 22,000 BTC.
At press time, bitcoin was trading at $60,100 – bulls have their following sight on the crypto’s all time high of $69,045 established at 2021.