Bitcoin Hits Record Highs

Bitcoin rose to 61,234 on Monday to reach a record high at 61,781 USD on March 13th as the largest American cryptocurrency exchange Coinbase Global Inc will begin trading on the Nasdaq Stock Exchange on April 14th.

The digital currency rose nearly nine-fold in the past year, driven by institutional buying and demand as a hedge against potential inflation after companies including carmaker Tesla and MasterCard said they were embracing the cryptocurrency.

After many attempts, it failed to surpass those historical levels of the most prominent currency in the cryptocurrency market.

Bitcoin succeeded -after several attempts, which were ending in decline- exceeding the $ 61,000 level, which was the highest for the largest currency ever.

For the first time since the session of March 13th, after closing the highest levels of $ 61.2 thousand, Bitcoin succeeded in closing the highest levels of $ 60,000 by the end of trading on Sunday, April 11th.