Bitcoin Value Hits New High

With the famously volatile Bitcoin cryptocurrency briefly hitting a new all-time high value of $69,000 recently, we look at the reasons why this happened and what could happen next. 

Why? 

This latest surge in the value of Bitcoin has been attributed to US finance giants like Grayscale, BlackRock, and Fidelity investing billions of dollars into Bitcoin, thereby driving up its value and becoming major players or “Bitcoin whales” in the cryptocurrency market.