Description: Bitcoin notched a fresh all-time high Wednesday as investors cheered the successful launch of the first U.S. bitcoin futures exchange-traded fund.
The world’s largest cryptocurrency climbed about 3% to $66,390.75 by 11:20 a.m. ET, topping a previous record of $64,899 set in mid-April.
Source: CNBC.com – video report
Date: Oct 20, 2021
Questions for discussion:
- What is driving the rise in Bitcoin?
- What are the factors influencing the valuation of Bitcoin?
- Do you believe now is a good point of entry or exit for investors?