Bitcoin Price Hits New All-Time High Again... Approaching $73,800

The leading cryptocurrency Bitcoin's price approached $73,800 on the 14th, setting another all-time high.

According to major foreign media, Bitcoin's price reached $73,797.97 at 4 PM (Korean time) that day.

[Image source=Yonhap News]

Bitcoin's price has been continuously rising since it surpassed $70,000 for the first time this month.

The strong performance of Bitcoin is attributed to the inflow of funds through Bitcoin spot Exchange-Traded Funds (ETFs).

Additionally, the influx of institutional investors and positive expectations regarding the so-called halving, where Bitcoin mining rewards are halved every four years, are also cited as favorable factors.

This content was produced with the assistance of AI translation services.