Bitcoin Becomes The First cryptocurrency to Hits $66,000

BTC hits a new record reaching a new all-time high of $66,000 on Wednesday.


Bitcoin, the world's biggest cryptocurrency by market cap, seen its price inflating to $66,000 level at 9.45 a.m. EDT (1345GMT), the data display.
This new record came despite the much-anticipated first Bitcoin-linked ETF started trading on the New York Stock Exchange on Tuesday with a ticker BITO.

BITO closed Tuesday at $41.94, up 4.85% from its old price of $40, while it saw a $1-billion market volume on the first day of trading, bringing in around $570 million of assets on its risk.
The last time Bitcoin reach a record above the key resistance level of $64,000 came on April 14, according to the records.

Between April and July, however, the price of Bitcoin had dive by more than 50%, diving to below $30,000 on July 20, coming down as $29,341.

Cryptocurrencies lost more than half of their values during those three months in a major market selloff.

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