Bitcoin to the moon? It certainly seems like it. The biggest and oldest cryptocurrency is closing in on its all-time high, the price of Bitcoin flying as high as $64,000 on Tuesday. It is $62,101 at time of writing—weekend trading being typically subdued—a more than respectable seven-day jump of more than 21%.

Continued ETF action has helped push the biggest virtual coin up; analysts told Decrypt that the bull run may just be getting started.

The newly approved Bitcoin funds trading on Wall Street are wildly popular—especially BlackRock’s—and are experiencing record inflows and trading days.

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Author: Mathew Di Salvo

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