Bitcoin sets high, tops $66,000 on mainstreaming excitement

Published October 20, 2021 9:16 AM

NEW YORK (AP) — Bitcoin jumped to a record high Wednesday morning, topping $66,000, as it rides a wave of excitement about getting further mainstreamed by the financial establishment. Bitcoin was trading at $66,109 as of 10:04 a.m. Eastern time. It’s rallied back after sinking below $30,000 during the summer to top its prior record set in April. That prior all-time high was nearly $64,889, according to Coindesk. The first exchange-traded fund linked to Bitcoin attracted huge interest on Tuesday from investors looking to get into the surging field of cryptocurrencies. Shares of the ProShares BitCoin Strategy ETF changed hands 24.1 million times in a resounding debut.

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