The price of Bitcoin hit a record high Tuesday morning, and has now skyrocketed nearly 54% on the year.
Topline
The price of Bitcoin climbed to a record high of about $69,000 Tuesday morning, continuing a months-long rally and helping fuel a surge in other cryptocurrencies as it keeps ticking upward from its 2023 doldrums.Key Facts
Bitcoin briefly crossed $69,000 Tuesday morning before falling back to around $65,500 according to CoinDesk, breaking its previous record of $68,990, which it briefly touched in November 2021.
Bitcoin rose nearly 3% on the day at its peak shortly after 10 a.