Last updated: January 2, 2024 at 2:50 a.m. ET
First published: January 2, 2024 at 2:38 a.m. ET
Cryptocurrencies are off to a strong start to 2024, with Bitcoin in particular soaring above $45,000 on Tuesday, its highest level since April 2022.
Bitcoin BTCUSD rose to $45,296 after ending 2023 at just over $42,500. Excitement surrounding the potential of Bitcoin exchange-traded funds (ETFs) helped push Bitcoin up 157% in 2023, but it's still more than 37% off its all-time high set in 2021.
Crypto…
Cryptocurrencies are off to a strong start to 2024, with Bitcoin in particular soaring above $45,000 on Tuesday, its highest level since April 2022.
Bitcoin
BTCUSD
After ending 2023 at just over $42,500, it shot up to $45,296. Excitement surrounding the potential of Bitcoin exchange-traded funds (ETFs) helped push Bitcoin up 157% in 2023, but it's still more than 37% off its all-time high set in 2021.
