Bitcoin's price at $63,450 breaks April's all-time high

Bitcoin's price at $63,450 breaks April's all-time high

The price of Bitcoin has reached a new all-time high according to data from TradingView. The cryptocurrency was changing hands around $63,450 at time of publication.


The surge comes in the wake of the allowance of the first crypto exchange traded fund (ETF) in the U.S. The ProShares bitcoin futures ETF listed today. When it seemed ProShares was nearing the finish line, the price of bitcoin broke above the $60,0000 mark. That run also saw the global cryptocurrency market cap return to its all-time high of $2.6 trillion.

Today's bitcoin price eclipses previous highs seen in April of this year, when bitcoin traded around 62,400 on Coinbase. It first crossed the $60,000 mark in March of 2021.