Global #all-time high

On Tuesday, Bitcoin surged to $71,200, nearing its all-time high of $73,700 set in March, as per TradingView data. This rally coincided with significant investments in US spot Bitcoin exchange-traded funds (ETFs).

Dogwifhat (WIF) has experienced a significant 10.22% drop in the last 24 hours, raising concerns among analysts about potential repercussions for the meme coin. Currently priced at $3.37, this decline follows a recent dip below crucial support levels at $2.96 on May 27.

A noteworthy event for the cryptocurrency sector occurred as the First District Court of Appeals in Florida issued a unanimous decision against a permanent prohibition on Binance, the largest cryptocurrency exchange globally.

Bitcoin, also known as BTC, experienced a significant rise in value, reaching new record highs in various countries across Asia and South America. Following a 7% surge in a single day.

Avalanche has been grappling with a persistent struggle to break through its price range, fluctuating between $30 to $39 for several weeks. As of the current writing, the price of Avalanche (AVAX) sits at $34.98, accompanied by a market cap of $13,366,945,544.

Bitcoin (BTC) has witnessed a notable surge in trading volumes, particularly in its new institutional investment products. Approximately 1,000 companies in the United States have reportedly purchased Bitcoin exchange-traded funds (ETFs).