Bitcoin surged to a record as demand from new US exchange-traded funds and a looming reduction in the token’s supply growth fuel a breathtaking rebound in the original cryptocurrency.
The largest digital asset rose as much as 2.5% to $69,191 on Tuesday, before paring gains. Bitcoin has climbed about 60% so far in 2024, outperforming global stocks and spreading optimism across the digital-asset market.
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