The queen of cryptocurrencies reached a new record this Monday, at more than $71,000.

Bitcoin reached a new record on Monday, surpassing the $71,000 mark, with demand for this cryptocurrency surging thanks to the 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 data from Bloomberg.

BFM Crypto: Bitcoin, time delay after $70,000 – 03/11

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 crazy ride for several months.

Its price has jumped nearly 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.

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