Bitcoin Hits All-Time High

Bitcoin, the leading cryptocurrency, has surged to a new record high, surpassing $70,000 for the first time and reaching a peak of around $71,300, according to reports from AFP.

The remarkable rise in the price of Bitcoin, which has soared by almost 160% since October 2023, represents a stark contrast to the challenges faced by the digital asset market in 2022. During that time, the market endured an 18-month downturn, referred to as a "crypto-winter," characterized by corporate bankruptcies and scandals within the cryptoasset industry.

...