Cryptocurrency prices today: Bitcoin inches closer to $70,000, Ether at all-time high – Business News

Bitcoin, the world’s largest cryptocurrency, reached a new high of $68,564 on Tuesday as enthusiasm for virtual coin adoption grows with higher inflow into the asset class.

It is worth mentioning that inflows into Bitcoin products and funds have hit a record $6.4 billion so far this year, according to data from digital asset manger CoinShares.

Commenting on the market momentum over the past 24 hours, Edul Patel, CEO and Co-founder of Mudrex, a global algorithm-based crypto investment platform, said, “Over the past 24 hours, the cryptocurrency market reached fresh highs.

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