Bitcoin price tops $70,000 in fresh record high

7 months ago 34

Cryptocurrency rises as UK financial regulator says it will allow trading of crypto-backed securities

Bitcoin has reached a new record price of more than $70,000, as the UK financial regulator said it would allow the trading of cryptocurrency-backed securities.

The cryptocurrency was trading at $71,588 on Monday morning, having last week overtaken its previous November 2021 high of nearly $69,000.

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