As Bitcoin reached the level of 60 thousand dollars again after 26 months, all eyes turned to the reason behind the increase.
Bitcoin (BTC) price, last for 6 days rising continuously today 26, up 6.1% ritual next 60 thousand dollars exceeded. Bitcoin has only fallen from its all-time high of $69,000 in 2021. 15% below is watching.
in Bitcoin With the rise, the entire cryptocurrency market is greening. although altcoins did not meet expectations.
Ethereum (ETH) only in the last 24 hours 2.8% by increasing From $3,354, BNB 3.8% with rise At $412, Solana (SOL) 2.2% with rise from $112 and Ripple (XRP) 4.7% with rise from $0.585 is being traded.
Why did Bitcoin rise?
Bitcoin price has shown a serious performance since October last year. Initially spot Bitcoin ETF The price increased with expectations for approval and then spot ETF approval and it continued to accelerate once it started trading.
The recent increase in interest in the spot Bitcoin ETF and daily inflows reaching peaks triggered the rise in price.
The iShares Bitcoin Trust (IBIT) fund, founded by BlackRock, broke its own daily record on Tuesday. 520.2 million dollars witnessed his entrance. On the other hand, those who entered Spot Bitcoin ETFs yesterday net money amount is the highest in the last two weeks reaching the level to $576.8 million reached.