BTC Soars To Reach a Record High
BTC hit a new all-time high (ATH) this week after breaking above the $69,000 mark on Tuesday morning, setting a new high of $69,324. Before this week, the last time BTC set a record-setting price was November 2021. This marks the first occasion in which the price of BTC has set a new ATH before an upcoming BTC halving event. In previous cycles, new highs have been reached post-halving, which suggests a possible change in market conditions and a move away from the historical investment patterns related to the traditional four-year halving cycles.