Bitcoin Hits Record High Above $62,000
Bitcoin reached $62,377, a huge gain of 114 percent since the start of the year.
After crashing in 2018, the value of bitcoin rebounded and it has set records since late last year — rocketing from around $12,000 in October to more than $60,000 a month ago.
The arrival Wednesday of cryptocurrency exchange Coinbase on the Nasdaq is one of Wall Street’s most anticipated events of the year even though some question whether the cryptocurrency market is sustainable.