From Investing.com: 2024-06-05 11:30:24

Bitcoin recently hit an all-time high, currently trading around $70,868. The price surge is driven by macroeconomic factors, with the price closely following global liquidity at $94 trillion. Bitcoin is seen as a hedge against fiat currency devaluation due to aggressive central bank policies. Technical analysis indicates multiple bullish indicators pointing to further price increase.

Read more at Investing.com: Most Important Bitcoin (BTC) Chart Made All-Time High, Here’s What It Means By U.Today