Bitcoin price passes $66K in new all-time high
Bitcoin's 52 week range: $64,888 to $11,905
First bitcoin ETF 'further legitimizes' cryptocurrency: Ray Wang
Constellation Research founder Ray Wang discusses cryptocurrencies and Apples new ‘unleashed’ event.
Bitcoin surged to a new all-time high on Wednesday trading above the $66,000 level one day after the launch of the first Bitcoin exchange-traded fund, Proshares Bitcoin Strategy ETF.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| BITO | PROSHARES BITCOIN STRATEGY ETF - USD DIS | 9.80 | +0.10 | +1.03% |
U.S. stocks also rallied in tandem. The Dow Jones Industrial Average also hit a new high Wednesday afternoon, with the S&P 500 just shy of its.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| I:DJI | DOW JONES AVERAGES | 46558.47 | -119.38 | -0.26% |
| SP500 | S&P 500 | 6632.19 | -40.43 | -0.61% |
The world's largest cryptocurrency by market value hit $66,974.77 in tandem with the start of U.S. stock trading, as tracked by Coindesk.
Bitcoin Foundation Chairman Brock Pierce described the approval of the ETF as a "watershed" moment ushering in an "era where retail investors can invest directly into Bitcoin."
Before Wednesday, the 52-week range has lofted between $64,888 and $11,905.
.