Bitcoin reaches new all-time high of $71,000

According to the analytical portal CoinMarketCap, on Monday, March 11, Bitcoin broke through the resistance level of $70,000 and reached a new all-time high, exceeding the levels of November 2021. The first cryptocurrency rose by 3.9% to $71,099. CoinMarketCap experts note that there is still a large influx of money into spot exchange-traded funds (ETFs) for Bitcoin, and investor interest is fueled by the prospect of lowering interest rates from the Federal Reserve. Over the…