Why is Bitcoin at an all-time high? | BBC News

The price of the world's largest cryptocurrency, Bitcoin, briefly hit a new all-time high of more than $69,000.

It surpassed the previous record set in November 2021 - though by 2022 Bitcoin's value had sunk to $16,500.

The new surge in price has been spurred by US finance giants pouring billions into buying bitcoins.

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