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# Bitcoin reaches a new all-time record high
- URL: https://www.techloy.com/bitcoin-reaches-a-new-all-time-record-high/
- Published: 2024-03-12T10:16:47.000Z
- Updated: 2024-03-12T10:16:47.000Z
- Description: Bitcoin has now risen by more than $30,000 since the start of the year, with the record-breaking rally largely driven by huge inflows from institutional investors.
- Author: Techloy
- Tags: / News, Bitcoin, / Crypto

Bitcoin reached a new record price of almost $73,000 as of Monday, having last week overtaken its previous record of nearly $69,000 in November 2021.

As of Tuesday March 12 (9:22AM GMT), it stood at [**$71,924.80**](https://www.techloy.com/content/files/2024/03/Screenshot-2024-03-12-100949.png), reflecting the sustained interest and optimism in bitcoin, as the world's most valuable cryptocurrency has recently been boosted by a flood of cash into new spot bitcoin exchange-traded funds.

Bitcoin has now risen by more than $30,000 since the start of the year, with the record-breaking rally largely driven by huge inflows from institutional investors.