Posted 3/5/2024, 4:01:00 PM
Bitcoin Soars Past $68K to New Record High Amid Crypto Investment Surge, But Regulation Battle Looms
- Bitcoin hits new all-time high over $68,000, extending a rally fueled by new crypto ETFs bringing in billions in investments
- Bitcoin dominates crypto market, accounting for over half of the nearly $2.6 trillion global market cap
- Prices have more than tripled since January 2023 when bitcoin traded below $20,000
- Crypto faces challenging regulatory road in Washington despite price surge
- SEC continues enforcement actions against crypto exchanges while Congress unlikely to pass crypto legislation this year