(Hong Kong) Bitcoin hit a new record on Monday, surpassing the $71,000 mark, as demand for the cryptocurrency surged thanks to prospects of lower interest rates in the United States in the coming months.
The price of bitcoin reached a peak of $71,432 in the afternoon in Asia, according to Bloomberg data.
The rise was encouraged by information according to which the Financial Conduct Authority (FCA), the British market watchdog, is preparing to authorize the creation of securities linked to cryptocurrencies, like the American authorities.
Bitcoin, the leading cryptocurrency by capitalization, has been on a wild ride for several months.
Its price has jumped by almost 70% since the start of the year, a spectacular rise after the collapse of prices following the sinking of several giants in the sector at the end of 2022.