
Bitcoin has seen a significant surge, reaching new heights in its value across various currencies. The cryptocurrency briefly surpassed $64,000, inching closer to its all-time high (ATH) of $69,044 observed on November 10, 2021. Notably, Bitcoin achieved new ATHs in several major currencies, including the Euro (โฌ60,439), the British Pound (ยฃ51,736), and the Australian Dollar, where it astonishingly broke the $100,000 mark. This rally is marked by a strong bullish sentiment among investors, as Bitcoin is now less than 5% away from its USD ATH. The surge has been attributed to various factors, including ETF-led demand in Europe, positive net ETF inflows, and speculation around the impact of the upcoming Bitcoin halving. Additionally, the futures open interest in Bitcoin has hit an all-time high, indicating a robust market interest. The price climb is also supported by a 37% increase since the start of the year and a potential $670,000,000 worth of shorts getting liquidated if Bitcoin breaks its previous ATH of $69,000. Bitcoin's new Euro ATH is paralleled by its value in British Pounds (ยฃ51,368) and Canadian Dollars (CA$88,345), highlighting its global bullish run.
















