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Russia Today - Economy
Bitcoin surges beyond $60,000 mark
The leading cryptocurrency has reached a two-year high after several consecutive days of gains The price of Bitcoin, the world’s highest-valued cryptocurrency, surged past the $60,000 mark on Wednesday, according to CoinDesk. The token rose above $60,600 at 14:55 GMT, its highest level since November 2021, marking a gain of over 6% over the past 24 hours. The digital currency has surged for a fifth consecutive day, supported by inflows into US-based spot Bitcoin exchange-traded funds (ETFs). ETFs allow more retail investors to hold Bitcoin indirectly via funds that trade on exchanges. The launch of ETFs in early J

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