The value of the best-known cryptocurrency, Bitcoin, has reached a new high.
For the first time ever one Bitcoin buys $69,202, surpassing the previous high recorded in November 2021.
It comes, as the previous high did, as a ‘halving’ event approaches, whereby Bitcoin production is cut by 50%.
A recent boost for the digital asset also came in January as a new product was launched that allows people to track the value of Bitcoin without owning it, something known as an exchange-traded fund (ETF).
The next halving occurs on 19 April.
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