Bitcoin Hits New Heights Between BlackRock Success and London Approval

Bitcoin Hits New Heights Between BlackRock Success and London Approval
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The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

Bitcoin has had another period of intense and record-breaking success, spurred on both by positive developments in international business and by increasingly large commitments from the spheres of traditional finance.
It’s truly stunning how well Bitcoin has been performing throughout the first quarter of 2024. The year began with Bitcoin’s valuation crossing the $40k mark, and March 1 saw a persistent hover around $60k. Now, however, Bitcoin has gone up to $72k, the highest valuation in its entire history. Although we still are not quite at the level where “digital gold” is more valuable than gold itself, we have even reached a new milestone: by market cap, Bitcoin is currently a more valuable co

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