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Bitcoin resurges beyond $60,000 over reports of constrained supply


Bitcoin resurges beyond $60,000 over reports of constrained supply
The world's biggest and best-known cryptocurrency hit $61,222.22 on Saturday, its highest in nearly a month. It was slightly lower at $59,907 at 0500 GMT on Sunday
Reuters | April 11, 2021 | Updated 19:06 IST
Bitcoin (BTC) is up 116% from the year's low of $27,734 on Jan. 4
Bitcoin rose above $60,000 to approach record highs on the weekend, breaking out of a two-week tight range and propelled by talk of constrained new supplies against evidence of wider adoption.
The world's biggest and best-known cryptocurrency hit $61,222.22 on Saturday, its highest in nearly a month. It was slightly lower at $59,907 at 0500 GMT on Sunday.

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