Digital asset has increased more than 40% this year
Bitcoin rose to $60,000 for the first time in more than two years, amid surging optimism that demand for the token is widening beyond committed digital-asset enthusiasts.
The largest cryptocurrency has jumped more than 40% already this year, fueled in part by the successful launch of US exchange-traded funds holding the coins that have attracted more than $6 billion since they began trading Jan. 11. Bitcoin last traded at $60,000 in November 2021, after reaching an all-time high of almost $69,000 earlier that same month.
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