Bitcoin Price Surges to $70,000 Following UK Regulator's Green Light for Crypto-backed Securities Trading
Monday, 11 March 2024, 11:10
Bitcoin price skyrockets to $70,000
The price of Bitcoin has surged to an unprecedented $70,000, setting a new record high.
UK regulator's approval
The UK financial regulator's decision to allow the trading of crypto-backed securities has contributed to this surge in value.
- Increased mainstream acceptance: This milestone reflects the growing acknowledgment of cryptocurrencies in traditional finance.
- Investor confidence: The record high signals a strong belief in the potential of digital assets among investors.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.