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Bangkok Post – Bitcoin price soars to B2.37m on Bitkub

The price of Bitcoin is surging this year, helped by spot ETF trading in the US and anticipation of the halving in April. (Photo: Reuters)

The price of Bitcoin on Bitkub Exchange hit a new record high of 2.37 million baht on Wednesday after the global price of the cryptocurrency on Tuesday beat its record of US$69,000 per token in November 2021, rallying by 190% over the last year.

According to Coin Metrics, a crypto financial intelligence site, Bitcoin reached a new peak of $69,210 on March 5, breaking the previous record of $68,982.20 on Nov 10, 2021.

Clara Medalie, research director at crypto data provider Kaiko,…

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