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.