Bitcoin Hit a Record High. Here’s What Might Happen Next

Bitcoin hit a record $69,325, its highest level since November 2021 on a flurry of volatility buoyed by demand from spot BTC exchange-traded funds (ETFs). Unlike previous cycles, it almost instantly fell back as bearish traders wrangled for control. Bitcoin hit a record $69,325, its highest level since November 2021 on a flurry of volatility buoyed by demand from spot BTC exchange-traded funds (ETFs). Unlike previous cycles, it almost instantly fell back as bearish traders wrangled for control.