Bitcoin surges past $70,000 as lower US yields, ETF inflows and regulatory hopes fuel a powerful crypto rally, catching short sellers off guard.

Bitcoin crossed $70,000 for the first time on March 8, 2024, hitting $70,105 intraday. ETF inflows and halving expectations drove the historic

The U.S. Treasury’s bond-buyback announcement helped send Bitcoin up nearly 6% with one analyst saying a broader recovery may be afoot.