"The price of bitcoin soared to a fresh record [March 5, 2024], exceeding its Covid-era high and putting an exclamation point on a rally that has taken Wall Street by storm.
"The largest cryptocurrency by market value climbed as high as $69,208.79, capping off a surge that has tripled its value over the past year. Bitcoin’s momentum, fueled in part by regulatory approval this year of a new wave of retail-oriented bitcoin funds, has energized the crypto faithful and puzzled skeptics who pronounced digital currencies dead after FTX’s 2022 bankruptcy."
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"The largest cryptocurrency by market value climbed as high as $69,208.79, capping off a surge that has tripled its value over the past year. Bitcoin’s momentum, fueled in part by regulatory approval this year of a new wave of retail-oriented bitcoin funds, has energized the crypto faithful and puzzled skeptics who pronounced digital currencies dead after FTX’s 2022 bankruptcy."
— The Wall Street Journal (March 5, 2024)