Cryptocurrency Bitcoin hits a new record high of $ 65,000 after Wall Street’s push

The Bitcoin Strategy ETF rose nearly five percent on its first day of trading on Tuesday.

Bitcoin hit a new record on Friday, surpassing $ 65,000 after taking another step towards mainstream status when the world’s largest cryptocurrency made its way to Wall Street.

A bitcoin futures exchange traded fund (ETF), a type of financial instrument, debuted on the New York Stock Exchange on Tuesday. According to CoinMarketCap, the cryptocurrency rose to $ 65,778.

The Bitcoin Strategy ETF rose nearly five percent on its first day of trading on Tuesday. The fund should be a more accessible vehicle for mainstream investors and could therefore boost trading in the cryptocurrency.

Comments are closed.