The price of Bitcoin has reached $65,000
The price of Bitcoin in today’s cryptocurrency market transactions has surpassed $65,000, marking its highest rate in the past two years.
The value of Bitcoin has strengthened by about 50% since the beginning of the current calendar year, with the most significant surge occurring in recent weeks following the U.S. decision to approve Bitcoin exchange-traded funds.
Next month, in April, this cryptocurrency market will witness the halving process of mining rewards, which generally occurs every four years. As a result, this market has attracted special attention.
The U.S. recently, after a long wait, announced its decision to grant approval for Bitcoins to be part of exchange-traded funds.
With this approval, it will be possible to purchase them in the regular market.