Bitcoin Price Keeps Rising, Now Hits USD 72,000 Mark for First Time Due to Higher Demand
Cryptocurrency leader Bitcoin again witnesses rise in its price, now crosses $72,000 mark. The reports said that it shows advancing crypto for the sixth straight day.
Bitcoin price rise is not slowing down as after hitting the $71,000 mark a few days back, the cryptocurrency leader has gone beyond the $72,000 mark for the first time. According to a report by Moneycontrol, the rise in Bitcoin price was recorded at $72,880 on March 11, 2024. The report said that the cryptocurrency rose nearly 5%. The report further said that hitting a $72,000 mark shows the advancing crypto for the sixth straight day and that it had taken almost 70% of gains due to the increased inflows into US exchange-traded funds. The report further highlighted that investors have poured around $10 billion in new Bitcoin ETFs in two months since the launch in the US. Bitcoin Price Crosses USD 71,000 Mark for First Time Due to Boosted Demand From Investors: Report.
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