Bitcoin Soars to New High as Mainstream Investors Pour Billions Into Crypto
• Bitcoin hit a new all-time high price of $68,791 on Monday as mainstream money flows into crypto • Bitcoin ETFs approved by US regulators this year created an on-ramp for traditional investors • The first Bitcoin ETFs launched in January and have already attracted over $4B in net new flows • Bitcoin is up over 200% in the past 12 months, recovering from recent crypto industry turmoil • The upcoming "halving" event is expected to drive Bitcoin prices higher as new supply gets cut in half