Posted 3/12/2024, 2:48:37 PM
Bitcoin and Crypto Assets Surge to New Highs as Investor Interest Booms
- Bitcoin hit a record high above $72,000 this week, with other major cryptocurrencies like Ethereum also seeing gains
- Altcoins like Ripple and Litecoin are rallying, with Ripple up 23% over the last 2 months
- Some crypto stocks like MicroStrategy have doubled in price recently, but others like Riot Blockchain have fallen
- Bitcoin spot ETFs that launched this year are seeing huge inflows, among the highest across all US ETFs in 2022
- The growth of Bitcoin and crypto ETFs echoes the rise of gold ETFs when they first launched years ago