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The cost of Bitcoin has increased by more than 60% since the beginning of the year and reached a record $73,800 in March. In January, the first Bitcoin-based spot ETF launched in the US. This product has already recorded an influx of investment of about $12 billion.

The price of Bitcoin, the world’s leading cryptocurrency, is approaching $71,000, Report informs. The cryptocurrency rose in price by 1.94% over the past 24 hours and was trading at $70,650. As a result, Bitcoin capitalization reached $1.391 trillion.

Interest has increased almost 300% during the first two months of the year, she said, pinning it on the rise of Bitcoin and other tokens. US citizens, who see a second passport as a hedge against geopolitical turmoil, are propping up sales too.

The bitcoin-ether volatility spread flipped positive weeks after the US Securities and Exchange Commission (SEC) greenlighted nearly a dozen spot bitcoin exchange-traded funds (ETFs), allowing traders to take exposure to the cryptocurrency without owning it.

The exchange rate of Bitcoin fell below $63,000 dollars during the auction on the Coinbase exchange, Report informs. According to the data of the exchange, the world's most popular cryptocurrency has fallen by almost five percent. The value of Bitcoin fell to $62,700.

Bukele shared a screenshot of the investment showing a total of 5,689.7 bitcoin, with a valuation of $406.6 million. El Salvador became the first country in the world to legally circulate bitcoin as legal tender on par with the US dollar in September 2021.

The price of bitcoin surged past $59,000 on Wednesday, touching levels not seen since late 2021 as a bullish run for the top cryptocurrency continued, Report informs via MarketWatch. Bitcoin was last up 3.7% at $59,142, just off a session high of $59,482.

The last time Bitcoin’s price exceeded $57,000 was December 1, 2021.

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or possibly a group of people using the name Satoshi Nakamoto. It is a decentralized digital currency on its own blockchain.

Bitcoin, the world's leading cryptocurrency, fell to $42,850. Report informs that the price of cryptocurrency has decreased by 6.99% over the past 24 hours and by 2.2% over the past 7 days. As a result, the capitalization of bitcoin is around $839 billion.